Saturday, August 10, 2013

Natural Gas - Trade Update

After Thursday's semi-bearish storage number, we decided to let this one run and not take off half our position.

Fortunately that seems like it might have been a good descison - for now.

Looking at the intraday chart however, the spread really pulled away late Friday which could just be some covering headed in the weekend.

Regardless, nothing has changed for us so we can maintain this one as is.

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