Last week we bought HND and sold it after the storage report. On Friday we flipped and bought HNU near the close.

We believe the numbers this Thursday will be a significant draw-down. Higher than last year and near, if not better than the average.

Colder weather coming in a week for an extended period.

Economy improving so commercial usage should be higher.

All "rational" thinking in regard to a commodity that seems to act irrationally.

Time will tell if we calculated/guessed correctly.

S.