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Re: brute post# 14423

Friday, 07/21/2017 8:51:58 AM

Friday, July 21, 2017 8:51:58 AM

Post# of 18980
Haven't really checked out Natty all that much. But given the contango/backwardation (ie cost of holding UGAZ), i'm def holding. No idea how long. But long enough to profit. When they announce completion of the Rover Pipeline (early Sept now... fwiw), bringing.... I forget...3.4 bcf/d to market? I expect a little jump then.

Weather and +70bcf production hinderred our summer run. But it just feels like this thing is loaded and ready.

Henry Hub at $3 atm.... but keep in mind that it was much much lower two weeks ago. Nothing goes straight up, you need relief ups and downs.

Bottom line- never have all your eggs in one basket.

Oh...JNUG at $18.20 now...I'm up $2!

Great day!!!