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Re: C C post# 5056

Monday, 09/18/2017 4:34:59 PM

Monday, September 18, 2017 4:34:59 PM

Post# of 5832
Thanks. I'd sure like to be able to capture some downside but from where
I thought this might happen but not this big
kinda stumped now
It's looking like everyone wants a piece of the long trade.
/ng vs spot momentum reset would be cool right about now but it's not looking like "from today"

I almost took a dgaz position @ /ngX7 3.20 and call it .20 over spot exuberance, being so close to expiration.
But was afraid I'd be a nickle off with /ng printing 3.15 at the same time.
+/- .05 contango now

Will study the possibilities after today's spot is posted

As much as I'd like to see 3.02
I'm seeing 3.07 as a floor unless some serious selling takes place
and that kinda spooks my short desires.

Just thinking out loud. Thanks for all your input.
Yes I don't do well in the heat either... stay hydrated bud

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