Up on Big Volume
Down on piddly volume . If there were a million shares traded I'd be concermed. But the volume the last 2 days has beem a joke. Big players know that GO is selling gas for alot more than 3.35. A few retail investors are getting nervous about the low spot price for NG not knowing about hedged production. Farmers Almanac says balmy fall and then winter will hit like a brick. The forecast is for EXTREME bitter cold in the densely populated North eastern states. Theonly spot for continental USA where warmer winter weather is forecast is in the scrarcely pupulated Great Plains states. In addition EIA inventores were about 20 % above the 5 year average heading into drawdown season, kast year. The surplus is alot less this year but no one is mentioning that!!!