Welcome to the TFC Commodity Trading Forum.
Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

TFC Commodity Trading Forum

NGZ12 Nat Gas ??/Trades

Hi Trades,
Hope all is OK.
I just got back on the air late Thurs. and had to play catch up. No power since early Mon. Evening but no damage !!!

If you have time could you post a chart for NGZ12. Certainly interested in how your eyes see the chart at the moment. You usually remain "unbiased" regarding "fundamental issues".

Basically I have been bullish on Ng, But I do see the price drop of the last few days to be "demand destruction" from the large number of power outages since Sandy hit.

Significantly more power should be restored by Monday so there is a point where a demand driven drop will clear up. But then, it is getting colder as well (we'll see what CeeJay comes up with tomorrow).

I'm convinced the Ng market is going to turn and go up but it may have a few days "down age" left in it !!!?????

Sunday evening may give a clue as I don't think the Ng market is all that interested in the election in the "front months".

Thanks, Lee