XPost: can.internet.highspeed, can.general   
   From: Tony@TheDeli.Sandwich   
      
   The Canadian dollar is following WTI and i'll be back near the end of the   
   month telling you i told you so and well next time as you"ll miss it this   
   time.   
      
   Some Guy wrote:   
      
   > Tony improperly top-poasted:   
   >   
   > > Right now a big hedge fund is selling the energy ccomplex short.   
   > > Mainly natural gas and oil.   
   >   
   > Meaning that they believe prices for oil and gas has reached a peak and   
   > they expect those prices to fall.   
   >   
   > > The part most simpletons miss is they trade by the month.   
   >   
   > Oil contract (and probably gas too) are sold by the month.  The   
   > front-month oil contract starts on the 3'rd friday of every month (or   
   > something like that) so everybody knows that oil contracts become due   
   > around the 22 - 24 of every month.   
   >   
   > And nobody's making money on natural gas.  It's been sitting around the   
   > $4 point for months, even a year or so.   
   >   
   > > So what day will oil and natural gas go up?   
   >   
   > Not if the big hedge funds are shorting it, as you say they are.   
   >   
   > > Oil will go up big Friday February the 25th this year.   
   >   
   > So the big hedge funds are going to lose money.   
   >   
   > > Natural gas will go up big on Friday the 25th and on Monday the   
   > > 28th this month.   
   >   
   > The heating season in north america is over.  natural gas demand will   
   > fall.  Just make sure you come back here in a couple of weeks when I   
   > drag your nose through the numbers.   
   >   
   > Natural gas was trading at $3.87 yesterday.   
   >   
   > And by the way, which oil is (according to you) going to go up at the   
   > end of the month?   
   >   
   > WTI or Brent?   
   >   
   > Do you even realize that WTI is sitting at $86.16, and Brent is at   
   > $102.56?   
   >   
   > How do you explain the gap?   
   >   
   > And you didn't answer my main question -> which oil price is the   
   > canadian dollar following:  WTI or Brent?   
      
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