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Re: Thurs. Ng Stocks Report Update/Hal ++
In Response To: Thurs. Ng Stocks Report/Hal ++ ()

Hi Hal,All
Update of Ng tracking.
This post has all entries, lost track of original thread.
Will start over here, and trim the older entries next time.
Lee

Hi All,
Nothing intended by this other than to track what happened to the two Ng conracts over time and the stocks report cycle without pulling up charts.

Began June 9 in an exchange with Ceejay. I had hoped to include comments/thoughts between updates but so far, I have not.

The goal is to learn something about this market, constructive comments appreciated and will be included.

Looking like this guy may tag 4 before it is over !!

fri 8.30 am open current g/l date 110624 OI Volume LTD
ngn11 Jul 4.83 4.193 -6379 ngn11 b 36764 6251 06/28/11
ngq11 Aug x.xx x.xx xxxxx ngq11 b 142564 5598 07/27/11
ngu11 Sep 4.88 4.243 -6379 ngu11 b 210639 2920 08/29/11

total -12758

Ng went down Thur. with build GREATER than expected. Consistent with
increase of supply over demand/consumption for the week.

thu 5pm close open current g/l date 110623 OI
ng paper 4.83 4.193 -6379 ngn11 b
ng paper 4.88 4.243 -6379 ngu11 b 200278

total -12758

The U.S. Energy Information Administration reported an increase of 98 billion
cubic feet of the product for the week ending June 17. Analysts polled by Platts
expected an increase between 87 and 91 Bcf for the week.

Ng went down Wed. Players anticipating report ???

wed 5pm close open current g/l date 110622 OI
ng paper 4.83 4.299 -5319 ngn11 b
ng paper 4.88 4.358 -5229 ngu11 b 200278

total -10548

tue 5pm close open current g/l date 110621 OI
ng paper 4.83 4.412 -4189 ngn11 b
ng paper 4.88 4.471 -4099 ngu11 b 200278

total -8288

mon 5pm close open current g/l date 110620 OI
ng paper 4.83 4.312 -5189 ngn11 b
ng paper 4.88 4.373 -5079 ngu11 b 200278
..................total -10268

fri 5pm close open current g/l date 110617
ng paper 4.83 4.325 -5059 ngn11 b
ng paper 4.88 4.386 -4949 ngu11 b
..................total -10008

thu 5pm close open current g/l date 110616
ng paper 4.83 4.446 -3849 ngn11 b
ng paper 4.88 4.508 -3729 ngu11 b
..............total -7578

thu 1.30 pm open current g/l date 110616 after report
ng paper 4.83 4.425 -4059 ngn11 b
ng paper 4.88 4.487 -3939 ngu11 b
..............total -7998

Ng build was WITHIN (barely) of expected range.
Ng price still went down quite a bit ????

Date: Thursday, 16 June 2011, at 10:39 a.m.

In Response To: Natural gas supplies up 69 billion cubic feet: EIA *PIC* (Haligonian)

Natural gas holds to decline after supply data (by Claudia Assis) SAN FRANCISCO
(MarketWatch) -- Natural-gas futures held to losses Thursday after the Energy
Information Administration reported a supply increase within expectations.
Natural gas for July delivery (ng1n) retreated 8 cents, or 1.7%, to $4.51 per
million British thermal units. The EIA reported an addition of 69 billion cubic
feet to the nation's supply on the product for the week ended June 10. Analysts
polled by Platts had expected an increase between 68 and 72 Bcf.

wed 3.40pm open current g/l date 110615
ng paper 4.83 4.589 -2419 ngn11 b
ng paper 4.88 4.645 -2359 ngu11 b
..............total -4778

mon 1 pm open current g/l date 110613
ng paper 4.83 4.626 -2049 ngn11 b
ng paper 4.88 4.677 -2039 ngu11 b
..............total -4088

at fri close open current g/l date 110610
ng paper 4.83 4.757 -739 ngn11 b
ng paper 4.88 4.812 -689 ngu11 b
..............total -1428

Now, 2.07pm eastern, Friday date 110610
open current g/l
4.83 4.765 -659 ngn11 b
4.88 4.813 -679 ngu11 b
.....total -1338

Early Fri. am. date 110610
open current g/l
4.83 4.68 -1509 ngn11 b
4.88 4.732 -1489 ngu11 b
.....total -2998
Ng build was GREATER than estimate.
Ng price dropped, consistent with supply greater than demand/consumption
for the week.

Date: Thursday, 9 June 2011, at 10:48 a.m.

Natural-gas futures slip after supply increase (by Claudia Assis)

SAN FRANCISCO (MarketWatch) -- Natural-gas futures turned red Thursday after the
government reported a bigger-than-expected increase in inventories in the week
ended June 3. Natural gas for July delivery (ng11n) declined 2 cents, or 0.3%,
to $4.84 per million British thermal units. It had traded around $4.97 per
million Btu before the report. The Energy Information Administration reported an
increase of 80 billion cubic feet in supplies. Analysts polled by Platts had
expected an increase between 74 and 78 billion cubic feet.

Below is BEFORE report
Date: Thursday, 9 June 2011, at 8:00 a.m
update #2 at 8am et Thurs. before stocks report
open current g/l - open is last nights purchases
4.83 4.891 601 ngn11 b
4.88 4.938 571 ngu11 b
.....total 1172

Date: Thursday, 9 June 2011, at 12:21 a.m
Having followed Ng for several years and never figured it out, it remains in my "puzzle category" !!
If ever solved, one could make some decent money, else lose your piggy bank !!

I don't paper trade, but will here. Clearly this is NOT a trade, just a running summary of price/contract g/l since the contracts were opened.

Long NGN11(July) at 4.83
Long NGU11(Sept) at 4.88
Lee
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Messages In This Thread

Re: Thurs. Ng Stocks Report Update/Hal ++