Nattie Gas Batting Slump

Now that was an amazing percentage drop concerning natural gas. But that doesn't make me worried because we didn't buy futures contracts nor leveraged ourselves. What we did is buy a spread which needs time to develop. As well as buy companies that are overlooked by the marketplace which causes us to buy at a fair price. I'm very bullish this market because I put my money where the BIG money is going. And as mentioned, NG commerical interest is at record highs. This has nothing to do with this hurricane, but something else: terrorist attack, Russian problems with shipments of nat gas, or hurricane spiralling effect - who knows. Possibly, another hedge fund or bank that traded in Nat Gas had to liquidate positions-who knows. But as Newton said, "if I contributed to society it is because I stood on the shoulders of giants." That is how one makes big money in the market. And that is why I have a hard time day trading since we are trying to track the footprints of where those big elephants are going; instead of clipping a few bucks here and there from the small traders which the news media did today when paniced buyers of nat gas futures fled the market. And trust me, the commercials were gleefully picking away at 15% off nat gas futures.