OK, here's 100 years of tradition unhampered by progress.
NYMEX is still reporting Henry Hub Natural Gas futures (11.45 -0.187) and we don't even know if Tailgate, Louisiana still exists. Guess the name is the most important part, but I'm damn glad it's not winter or I'd be very worried about where my natural gas was going to come from.
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Oil producers & oil services were the big kitties on the fence today. I took a nice scalp on FCEL, too. I'm also in an oil/gas trust, SJT in at 44.00 and so far I'm up 7%.
My play for tomorrow, if everything goes according to plan (ROFL!) is CNP, I'll be watching it closely at the open. Watch GE tomorrow, too, for confirmation that it's found a bottom.
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The above is just my opinion. Do not buy or sell any security based on my brain-damaged meanderings up there. You are a MUCH BETTER trader than I am, so do your DD like you know you should, and the LAST thing you do before you buy any stock is to check for news.
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Diligence is the mother of good luck.
Ben Franklin (1706-1790)
