Wt Natural Gas Discussion Threads

[eric gardener] 14/4/2011 22:05

what it needs is upwardation to help me reduce my losswardation, preferably sometime before I get bored too senseless.

[ferrism] 14/4/2011 15:46

Wait a minute, this can't be right. Who stole all that gas? ....

[ferrism] 14/4/2011 12:00

Definition of backwardation ..... something rarer than hens' teeth when applied to Natural Gas.
The reverse is, of course, true of contango! If only I had known.

[eric gardener] 13/4/2011 22:27

I had to look on google to see what backwardation actually was.

bloody thing closed up again - never mind. Lets hope tomorow is a massive down day. I can't take much more of this - 2 up days what on earth is going on?

[ferrism] 13/4/2011 13:23

When it's too late for me, I suspect! Just what are the chances of this commodity going into "backwardation" and trebling in price at the same time. I think I'll sit down one day and work out the odds. On the other hand I might just hang around this BB and gripe!

[eric gardener] 12/4/2011 21:43

yep, glory or bust with these, I'm convinced they will have their day it's just a case of when.

[traderabc] 12/4/2011 08:59

The all or nothing philosophy, death or glory, no walking wounded allowed!

[ferrism] 12/4/2011 08:51

I admire your spirit. from my experience the end can't be far off. The slight rise is just to suck in the last few of us mugs.

[eric gardener] 11/4/2011 22:16

is advfn working properly? - it shows ngas as closing up. We know that it doesn't go up.

Oh well lets hope it continues it's ruthless downward spiral tommorow.

I'm aiming to lose 100% - certainly not going to settle for much less than that!

[eric gardener] 11/4/2011 08:28

this is dying

[juno1] 07/4/2011 21:11

I held these at 38 pence when the spot was pretty much at $4.3, manage to offload at break even after realising how much contango was affecting the share price, that was 18 months ago.The contango affect may reverse, but when, is another question. Does anyone trade the spot price using cfd's, looking at doing so as the price would appear to be working its way lower.

[traderabc] 07/4/2011 10:36

Matt Millar discusses natural gas

[chopsy] 04/4/2011 10:58

Eric your first question is the relvant one, it has been asked on this bb several times by various posters, including myself, but no answer has emerged. If anyone can help supply an answer that would, I am sure, be greatly appreciated by all of us. I think the answer might be, "you can't, because it is too predicatable, you would all make money, we have no one to take the other side of the bet."

Having said that, I must look through the resource sector again on IG. Even a chart would help. Retail prices no good, supply company apples and oranges contracts. Need a chart of the spot wholesale or futures gas imported from EU via pipeline. Even Russian gas price would be a better play than HH.

[ferrism] 01/4/2011 17:19

Price rose because analysts expected a slightly larger inventory build than 12Bcf.

[maty] 01/4/2011 14:40

ngas is based on a futures price for gas in USA , if the price of gas in USArises the futures price rise and ngas rises...totally on topic. If people buy futures the prices rises.

[maty] 01/4/2011 13:44

so why is the price rising? shorts stopping out as nuclear becomes out of favour?

[ferrism] 31/3/2011 17:00

At least I don't have to repeat myself over the EIA stats this week .... because they were even worse than last week!

[ferrism] 26/3/2011 14:23

Very well put and so true! By the way, most of my research seems to follow your pattern too.

Never mind, there's a cold snap due in the U.S. early next week. Hence the rebound.

[eric gardener] 25/3/2011 19:50

yes interesting.

Some of my best research is done in the months after whatever I have bought has gone down. As I scratch my bald head wondering why....
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