Replies to post #18 on Range Resources Corp (RRC)

[ChitForBrains]

NG Futures short term ?
http://finance.yahoo.com/news/Natural-Gas-Draw-Falls-zacks-3576888344.html?x=0&.v=1

Still new to futures contracts but I've been watching NG fall everyday solid for a couple of weeks until Friday.

Friday, off -2 then -1, off -3 then -2, then -1, then -2... get the point? So at first reading this report you might think NG up from now on.

But, shit! (Texas common language) Draw in inventories lower than expected and closes with longer term glut stuff.

Hey, I expect one may two days of up then back to falling again until Summer heat.

Then when Summer heat starts, watch out! NG will fly. UBRG sales agents report East Utilities returning to NG for power. Even though great production from shales on NG the draw will be hugher than expected and they'll add a colder than expected Winter forecast... and all the shorts will be dumping in their pants (so to speak fig.).

What do you think since I see you're in Cheese-a-peak a big NG play according to the article.