@ $3.50 Jan contract?

now at 3.20 - 3.50 - .30/3.20 = 0.09375% x 3 = 28.125%

now U at 31.40 x 1.28125 = 40.23... ish (fees and such)

Ball park - 3.50 nat gas Jan contract = 40.00 UGAZ

NatGas Jan contract - 2.46 buyer for 1 seller.... $3.22 now.

Reminder - UGAZ and DGAZ are 100 % Jan contract now....

if we do go it'll be an in-and-out thing. Fly in, land at 11:00, spend the day, leave on the 5:30 pm. Need a beach fix from time to time. Orlando or FLL. Tampa/St-Pete is my favorite but too few flights in and out of Montreal....

Where? Sarasota? edit...just checked. they have one right by where we were a coupe of months ago...Merritt Island! Def going to go!!!

(asked my wife to go next week for a day trip to Orlando..... she hadn't had her coffee yet and didn't repond....)

The way I see it (using current data)

Dec $3.08 Jan 3.191 dif .111

.111 ÷ 3.08 = 3.6%

Decay for UGAZ 3.6 x 3 = 10.8%

(Looking forward to see the COT report out today. I expect many shorts will be covering before roll.... so... a gapper Monday am)

Thks to all the marijuana growers who responded to our PR. CR-10 will be tested in the coming weeks on cannabis.Results in 2.5 months. $onov

https://twitter.com/BioNovelus/status/802178234993364992

Thank you! went too fast though, $3.20 is upon us (Jan contract) it it still wants to move. Inverse head and shoulder patern in progree and the Great Lakes region is freezing.... 3.50 my new target - but after roll unfortunately. 4% contango from Dec to Jan.....

3.16 on the Jan contract. Looking for 3.20 -3.25 as pivot. Looks like she wants to go higher....

Bring a little cold weather and we could sew a major move. 3.40 short term, 3.75 medium (mid December)

Dude!!!!

No idea, I haven't followed. I haven't tried to contact Francine and I really have no idea what's going on.

But....

Only 3 companies have come out of the greys alive. All 1600 others that were halted/put in the greys have died.

If you see Renee around ask her about it. She's posted here before


Enjoy the beach for us pls. Snow now in my part of the world!

Cheers!

Going back to 40 I tell ya!

Pleasure. Jan contract at 3.16 already. Might see 3.20 today, 3.25 tomorrow.... so U @ $33

Hard to say. On the road and busy....

but we see 3.20 before roll (28) and then it'll depend on the weather. 4TCF is priced in already. Sub 4TCF and NG_F jumps big. Contract high of...what..3.42 (?) Not out of the question

Lol!!! That jump in spot. Had to be a reason. Inventories affect spot....

Looking for $3.20 F contract

Lol!!!!

Goin' downtown gonna see my girl

Gonna sing her a song, gonna show her my ding-dong!!

Still have the LP!

RSI both in the hit zone, also notice how spot went from 2.20 to 2.80 (in a week) before yesterday's small retrace.

Spot doesn't move like that unless something's up.

I think we get a surprise at noon today. I bought U

Looks like she wants to go up, $27.50 is 1/2 load, small contango spread for roll on 28th.

Never mentionned Jean...... you cannot confound Chef Jean for Nathalie...

In at 27.50!

Yes http://www.cmegroup.com/trading/energy/natural-gas/natural-gas.html

Lol!!! Read the thread carefully. I spoke with Ms Ekobo. Or better yet, look at her Twitter thread.

All the best!

Good news indeed!

www.globenewswire.com/news-release/2016/11/22/892092/0/en/Hybrid-Receives-Follow-on-Order-From-US-Distributor.html&ved=0ahUKEwiDy9bdzLzQAhUT6GMKHaEOBgMQqOcBCEkwAw&usg=AFQjCNFzN4DaWn22AzMs46rVgLVQEGYjCg&sig2=RwQX65CRmFB35hHIoqQsMA

Good morning. Spoke again yesterday. Non-disclosure agreement was discussed. All I can say for now is that I'm very impressed!!!

Sux.....

And sub 5 on a bullish report....

Contango sometimes turns into backwardation. Could be the case soon.....

Bad time to be in D I think

Revs at $1,927,457!!!! $.22 a share? Wth!!!

Give it a minute

Can't say for now, expecting more info this week. Canadian MJ licensed producers might be interested. But still waiting on replies and such...

Will keep y'all posted.

Just...wow!!!! Just think if we get decent revs when they file today!!!

Def looking good today!!! Better than last week!

Don't know.... but they sure as hell seem busy! Can't get replies by email nor by Twitter. Spoke with Ms. Ekobo last week but nohing this weekend nor today....

Notice when Japanese trade data came out, USDJPY started going down, gold going up proportionately?

Was gonna sell my U, didn't expect a gap up today.... oh well, guess I'll keep them a little longer....

Right right after roll. Monday Nov 28 in this case.

If you think gas will go down.

Having done so for the Nov-Dec roll would have optimally given a $3.40 to $2.56 short. Times 3.

But

The Dec-Jan roll is a dangerous one to play....

http://www.equityclock.com/charts/natural-gas-futures-ng-seasonal-chart/

USDJPY 107.7 as it stands! GREAT news for gold!!!!!

Hmmmm....maybe. But say we get a 20BCF draw on Thursday. Then you're f#/@ed trying to play the contango gap. Especially with NatGas being spring loaded as it is. See the spot price? Up like $.60 in a week or so.....

I expected a rally Friday. I got it and i'm happy. Tonights open will be telling. Levels to watch 2.74, 2.82 2.90. Break 2.90 and I bet we see 3.25 before the inventory. Under 2.82 and we're back to 2.74.

Don't forget, USD is sky high making Canadian imports quite attractive. But also making exports that much more expensive..... 12 boats left Sabine so far this month....

Short answer.... can't say for now. But best strategy to play the contango gap.... last minute decision

Yup. That's about it.

Last month, Nov NatGas contract was at $2.90, December contract was $3.40 at the end of the month. When NatGas rolled into December, that morning, the price jumped to $3.40. DGAZ was at $5 some, UGAZ was at $25. $3.40 was not realistic and the NatGas price trickled down towards the more realistic Nov expiry price of 2.90 thus propelling DGAZ above $8 and UGAZ towards $20, all in a very short time. 17% contango as such is quite rare. But 3x leveraged ETN's = 3x 17% = £¥$$$

Agree wholeheartedly. Monday's fins could propel this north like we haven't seen in ages. Poison pill strategies similar to this has been seen before.

I recently avg'd down and might be tempted to buy more if this dips enough Monday morning. Sub 16 is money in the bank imo

No trouble whatsoever!

I'm trying to get a sample for testing on cattle. Used to use griseofulvin ( https://en.m.wikipedia.org/wiki/Griseofulvin) but the govt banned the product. Now we're stuck using old motor oil (toxic) to treat infected individuals. Spreads like wildfire untreated....

Lol!!! No! I was saying that ONOV is hard to reach. Takes time to get a reply!