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Re: flemsnopes post# 50

Tuesday, 03/20/2012 8:59:08 AM

Tuesday, March 20, 2012 8:59:08 AM

Post# of 94
Flem, you just dont understand the meaning of NAV

Lets say you are bullish oil... you think its going
to $200 and its now trading at $100...

Would you buy it at $150 ? Or at $100 ?

Because that is that you are doing... you are buying Natural Gas above market price.