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|    Message 7,747 of 8,306    |
|    Some Guy to All    |
|    Re: Anyone following Canadian dollar - c    |
|    19 Feb 11 12:24:09    |
      XPost: can.internet.highspeed, can.general       From: Some@Guy.com              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?              --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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