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southacresdave

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southacresdave

Re: researcher59 post# 54616

Friday, 09/22/2006 1:39:41 PM

Friday, September 22, 2006 1:39:41 PM

Post# of 173850
Researcher59...congrats on the futures trade. Remember though that one of the reasons NG futures are $4.70 is because Amaranth was forced to liquidate a huge position into the market (I'm sure his fellow hedge fund buddies made a monster of a profit on him). Oct contract ends next week. Nov contract is over $1.30 more. You may be right, but one early cold spell and all your profit will be gone in about an hour.
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