Rounder Posted February 20, 2009 Report Share Posted February 20, 2009 How bout a little Nattie..... Nattie Light that is... Natural gas contracts closed the session at $3.99 each. Natural gas closed the prior session at $4.06 per contract. Before this session, 2002 was the last time natural gas contracts traded for less than $4 each. Link to comment Share on other sites More sharing options...
phatbubble Posted February 20, 2009 Report Share Posted February 20, 2009 This part is boring Link to comment Share on other sites More sharing options...
crooked_analyst Posted February 20, 2009 Report Share Posted February 20, 2009 Ah, just let it go, would ya? Link to comment Share on other sites More sharing options...
psyche doctor Posted February 20, 2009 Report Share Posted February 20, 2009 How bout a little Nattie..... Nattie Light that is... Natural gas contracts closed the session at $3.99 each. Natural gas closed the prior session at $4.06 per contract. Before this session, 2002 was the last time natural gas contracts traded for less than $4 each. Why does my gas bill keep going up? Some one is reaming me! Link to comment Share on other sites More sharing options...
swordfish Posted February 20, 2009 Report Share Posted February 20, 2009 By the way, about the euro I FORGOT to mention: Poland will organize a summit with countries from CEE region+Baross+PM from Czech. It will be held at lat day of february or at the 1st of March, before the main EU event. The issue about debt, currency swings, and especially "supporting CEE region by ECB and old EU" will be the main topic. Link to comment Share on other sites More sharing options...
Charmin Posted February 20, 2009 Report Share Posted February 20, 2009 Celente's famous last words: Celente__s_collapse.mp3 Link to comment Share on other sites More sharing options...
Trader Joe Posted February 20, 2009 Report Share Posted February 20, 2009 How bout a little Nattie..... Nattie Light that is... Natural gas contracts closed the session at $3.99 each. Natural gas closed the prior session at $4.06 per contract. Before this session, 2002 was the last time natural gas contracts traded for less than $4 each. Looks like everything is going back to 2002 prices.... Housing... Natty.... Earl (?)..... Scholk market.... Link to comment Share on other sites More sharing options...
shorty Posted February 20, 2009 Report Share Posted February 20, 2009 sold JPM put spreads I know JPM, JPM a friend o' mine, and JPM ain't no C BAC ain't no C either speakin o' which.....what a race! Link to comment Share on other sites More sharing options...
cwd Posted February 20, 2009 Report Share Posted February 20, 2009 I assume so too. But one never knows how far irrational exuberance can go... I've never gotten the whole "gold has intrinsic value" argument. About the only thing that has "intrinsic value" for humans is FOOD. Gold is totally unnecessary for anything except other unnecessary things, like electronics. So gold has value for the same reason anything else does: people assign some random "demand" value to it. The dollar has value for the exact same reason -- so does a Pete Rose rookie card, or a plasma TV, or a Sponge Bob action figure. But in reality, NONE of them have "intrinsic value." But, that said -- markets are never about reality, they are about perception (of, presumedly, reality). So it wouldn't surprise me to see gold run much higher. I'll probably add some on a pullback. How about whiskey? Link to comment Share on other sites More sharing options...
swordfish Posted February 20, 2009 Report Share Posted February 20, 2009 Gold loosing momentum... Link to comment Share on other sites More sharing options...
Trader Joe Posted February 20, 2009 Report Share Posted February 20, 2009 Thank "baby jesus" that I hedged my UNG with long dated puts....which are now ITM.....UNG going much much lower....single digits is a lock Link to comment Share on other sites More sharing options...
psyche doctor Posted February 20, 2009 Report Share Posted February 20, 2009 This part is boring Sure is... Link to comment Share on other sites More sharing options...
cwd Posted February 20, 2009 Report Share Posted February 20, 2009 Yeah, I realize it's been used as money for a long time. I'm just saying, it has no more real value than anything else. Nevermind, it's something of an abstract argument -- more of a philosophical argument than anything. It's just a pet peeve that it bugs me when people say it has "intrinsic value." How much "intrinsic value." does a FRN have? Link to comment Share on other sites More sharing options...
MrHanky Posted February 20, 2009 Report Share Posted February 20, 2009 Looks like everything is going back to 2002 prices.... Housing... Natty.... Earl (?)..... Scholk market.... We already are below that for housing here in lost vegas......Prices now less than 3 times income now Link to comment Share on other sites More sharing options...
Charmin Posted February 20, 2009 Report Share Posted February 20, 2009 Davidowitz - "It's never coming back." BKX http://www.StockSharePublishing.com/ChartL..._1235162990.png Link to comment Share on other sites More sharing options...
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