Friday, April 17, 2009

For GT Blog April 19, 2009

Hello fellow bloggers and stock market participants.

I usually think of natural gas when I eat too many peanuts or I have a beer with commodity traders. A few days ago I asked a commodity buddy for the symbol for natural gas

He paused and told me to try FART - on the NYMEX

Great (thanks George) - took me a few hours to get that one. In any event natural gas seems cheap and ripe for a trade - our gas / crude spread has the ratio at 10-year lows

If you don't deal with George look at the Horizons BetaPro NYMEX Natural Gas Bull+ ETF (HNU-T)

The Gas Crude spread - record cheapness

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