Page 1 of 2 1 2 LastLast
Results 1 to 15 of 26

Thread: Of GAS & hot air.

Hybrid View

  1. #1
    Ultimate Member herosrest's Avatar
    Join Date
    May 2002
    Location
    Authorised personnel only
    Posts
    2,281

    Of GAS & hot air.

    Hey there, do you remember what your domestic gas bill was like in 2002, vaguely remember?.......

    Natural-gas futures tumbled below the $3-level on Thursday to end at a seven-year low after the government reported another rise in supplies.

    In other energy trading, oil futures ended marginally higher, as mixed U.S. economic data and the expiration of the front-month contract contributed to intraday volatility.

    Natural gas for September delivery dropped 17.40 cents, or 5.6%, to end at $2.945 per million British thermal units on the New York Mercantile Exchange.

    That is the lowest closing level for a front-month contract since Aug. 14, 2002, when futures settled at $2.910 per million British thermal units, according to historical data from the CME Group.

    The contract earlier fell to an intraday low of $2.930 per million British thermal units in electronic trading on Globex.

    "Barring a storm hurting supplies, I think natural gas is due for a short-term sell-off," said Zachary Oxman, managing director of TrendMax Futures.

    "As we round into fall and then to winter, I'd look for prices to move back up," Oxman said. "Big jumps up, though, really depend on the severity of this winter."


    Of course there are a thousand legitimate business reasons to justify charges that bear no reality to reality. Lock 'em up.
    Last edited by herosrest; 08-30-2009 at 06:18 PM.
    During deep sleep IT came to me and the future of processing is clear.
    Future processors will primarily be digital tuning radios acting as grid computing nodes.
    Voila. See ya in hell.
    PROCESSING

  2. #2
    Member
    Join Date
    Sep 2001
    Location
    The Graf Vinda loo
    Posts
    141
    There'll never be justice for working people, you know that hero.

  3. #3
    Ultimate Member herosrest's Avatar
    Join Date
    May 2002
    Location
    Authorised personnel only
    Posts
    2,281
    Quote Originally Posted by werz View Post
    There'll never be justice for working people, you know that hero.


    So when did CEO's and bosses and Company officers stop being working people, you know working class. l must have blinked! - Just working people who get above themselves and in hock up to the bottom lip with................ bankers. Yuch!....... those horrid, disgusting types who even sell mothers for profit and percentage. Non -workers - exploiters and...... erm..... well, l wonder when Armani will find a demand for stripey suits.
    During deep sleep IT came to me and the future of processing is clear.
    Future processors will primarily be digital tuning radios acting as grid computing nodes.
    Voila. See ya in hell.
    PROCESSING

  4. #4
    Ultimate Member herosrest's Avatar
    Join Date
    May 2002
    Location
    Authorised personnel only
    Posts
    2,281
    This TOPIC originated 08-30-2009, 11:16 PM

    Hiya all. Hello happy consumers.

    News from the weather front. According to a bullish weather forecast the next few months “… could be one of the coldest winters, or the coldest, winter of the decade;” — NOTE 'could' being the operative verb in that forecast.

    There is an ample supply in the physical market, it is however priced at perhaps its lowest in nearly ten years.

    The price action must be linked to fears of very cold weather this winter — because January call options at $10, taken out last month by an unknown hedge fund, surprised analysts at the time. If in fact it is known, somewhere on earth that a sudden astonishing turnaround in weather expectations is fact or probable the punt on prices is perhaps easier to rationalise.

    So next spring, as your utilities payments have left huge holes in your budget you will at least be glad in the thought that spread betting Hedge Funds have covered their risk and called a very expensive winter heating bonus to that sector of the financial markets.


    Alternately, this could be the start of another specultion similar to the one that caused THIS CHAOS.
    Someone, somewhere, said - it will get cold this winter.

    I can but call it................ a freezing liberty. Who are these guys???
    Last edited by herosrest; 10-04-2009 at 12:10 PM.
    During deep sleep IT came to me and the future of processing is clear.
    Future processors will primarily be digital tuning radios acting as grid computing nodes.
    Voila. See ya in hell.
    PROCESSING

  5. #5
    Ultimate Member herosrest's Avatar
    Join Date
    May 2002
    Location
    Authorised personnel only
    Posts
    2,281
    I would suggest that, the seeds of one hell of a winter are already sown, pre-programmed into stock market price analysis and not a thing now, anyone, anywhere can do about it. except read this - The man who fuelled Lord Turner’s attack on the City

    Regardles of purpose, intent or motive - experienced insight, knowledge and understanding from someone with a decent aversion to what business is really about is worth reading and understanding.

    He has called the problem, fairly and squarely, dysfunctional markets based on an incomplete and kindergarten trading thesis that is mainstream business. Stock market practice and Financial practice are rubbish, dreamt up by idiots and leveraged by very clever loons to everyones disadvantage - they will break the bank. And it won't be long in coming.
    During deep sleep IT came to me and the future of processing is clear.
    Future processors will primarily be digital tuning radios acting as grid computing nodes.
    Voila. See ya in hell.
    PROCESSING

  6. #6
    Ultimate Member herosrest's Avatar
    Join Date
    May 2002
    Location
    Authorised personnel only
    Posts
    2,281
    Economic theory, Hi-tech know how, experience, the reality perceptions and making honey with other peoples money. Modern trading theory, is practiced chaos, predatory and a load of cow's wallop. Nothing about it is orderly. Highly overpaid kids, playing in a very expensive schoolyard. If the stuff that goes on, happened anywhere else, face to face - dealer to customer, then the daily body count would solve world population problems.

    A New Theory on Market Structure A very interesting web site - Wall St. Tech.
    CLICK - Given the colossal size and sweeping breadth of the stock, bond, options, futures and derivatives markets, has the Dow Jones Industrial Average — which was started in 1896, tracks 30 large company stocks and is used daily by most news outlets and investors as a market weather vane— become stale and irrelevant? - Wealth management.
    During deep sleep IT came to me and the future of processing is clear.
    Future processors will primarily be digital tuning radios acting as grid computing nodes.
    Voila. See ya in hell.
    PROCESSING

  7. #7
    Member
    Join Date
    Sep 2001
    Location
    The Graf Vinda loo
    Posts
    141
    when will they start trading in euros instead of dollars and pounds?
    http://www.independent.co.uk/news/bu...r-1798175.html

  8. #8
    Ultimate Member herosrest's Avatar
    Join Date
    May 2002
    Location
    Authorised personnel only
    Posts
    2,281
    It's going to be a bumpy ride.



    Huge event, this is. The earth moving under everyones feet.
    02-27-2009, 07:19 AM
    Quote Originally Posted by herosrest View Post
    Looking into the future is uncertain, messy work, but if businesses view the current economic crisis as an opportunity to innovate, we may still be marveling at these breakthroughs decades from now.

    It is with great satisfaction and anticipation that l look forward to tomorrows roll out of the NeW WORLD Currency.
    Trading and exchange dealing begins at 10:00 GMTV.
    Waves of enthusiasm and good will are expected to welcome the new W0RLD currency.
    The Dollop - Yes..... it's purple.



    Last edited by herosrest; 10-06-2009 at 02:57 AM.

  9. #9
    Ultimate Member herosrest's Avatar
    Join Date
    May 2002
    Location
    Authorised personnel only
    Posts
    2,281
    Unless the dichotomy that is modern economics is sorted out - disaster beckons.

    During deep sleep IT came to me and the future of processing is clear.
    Future processors will primarily be digital tuning radios acting as grid computing nodes.
    Voila. See ya in hell.
    PROCESSING

  10. #10
    Ultimate Member herosrest's Avatar
    Join Date
    May 2002
    Location
    Authorised personnel only
    Posts
    2,281
    Hold the Chilly............

    WASHINGTON — There's good news for people worried about winter heating bills. telegram.com

    Staying warm won't be quite as expensive this winter. People who heat with natural gas should do especially well, seeing their lowest bills in five years. But no matter what fuel is used, heating costs are expected to take less of a bite out of household budgets in the coming months - from $20 to as much as $280 lower than last winter depending on what fuel is used, the government says. An expected milder winter, along with lower fuel costs, should cut average residential heating expenditures by 8 percent from last year, the Energy Information Administration said in its annual winter outlook on Tuesday.

    The nearly 58 million households that use natural gas stand to save about $105 compared with last year, and propane users will get an even bigger break - as much as $280. More modest reductions, $20 to $60, are expected for people who use electricity or fuel oil to heat their homes. omaha.com
    During deep sleep IT came to me and the future of processing is clear.
    Future processors will primarily be digital tuning radios acting as grid computing nodes.
    Voila. See ya in hell.
    PROCESSING

  11. #11
    Ultimate Member herosrest's Avatar
    Join Date
    May 2002
    Location
    Authorised personnel only
    Posts
    2,281
    So........ You will all be able to fill those Crimbo stockings with

    Running just released Windows Mobile 6.5.
    Reviews of this touch screen phone are *****
    IT may truly be the Mutt's nuts! ____________
    During deep sleep IT came to me and the future of processing is clear.
    Future processors will primarily be digital tuning radios acting as grid computing nodes.
    Voila. See ya in hell.
    PROCESSING

  12. #12
    Ultimate Member herosrest's Avatar
    Join Date
    May 2002
    Location
    Authorised personnel only
    Posts
    2,281

    Natural gas is produced in 32 states, employs nearly ?? 3m ?? people. Thus 32 governors, 64 senators and 324 members of Congress have interest in producing natural gas.

    Natural gas 'could' be less expensive than coal with perhaps half the carbon emissions.

    Kerry Boxer -
    Nature has a beautiful balance. _______________________
    Cut your own population size before she does it for you!
    30% less people, use and produce 30% less.
    That is 30% more (not less) to go round.
    hero's best!

    Quality over Quantity = FIREPOWER
    During deep sleep IT came to me and the future of processing is clear.
    Future processors will primarily be digital tuning radios acting as grid computing nodes.
    Voila. See ya in hell.
    PROCESSING

  13. #13
    Ultimate Member herosrest's Avatar
    Join Date
    May 2002
    Location
    Authorised personnel only
    Posts
    2,281
    Markit CDS Pricing - available exclusively through Reuters. Rapid growth and ongoing volatility in the CDS market make benchmark content and analysis more valuable than ever. Reuters delivers comprehensive cross asset information arming credit professionals with a powerful workflow solution that includes real-time news, data and analytics for cash loans and bonds, credit default swaps, CDS indices and their constituents.

    Now, through an exclusive partnership with Markit, Reuters is pleased to introduce Markit Intraday, the first dealersponsored price discovery tool, providing streaming, real time composite prices at the index level (Itraxx and CDX) based on observable quotes from CDS market makers.

    Reuters clients can access Markit Intraday through Reuters 3000Xtra and Reuters Trader for North America. Markit Intraday allows credit investors, traders and portfolio managers to monitor the most active liquid credits in the marketplace.
    Quote Originally Posted by herosrest View Post
    Bloomberg Runs Bond Pricing on GPUs - Bloomberg has converted their bond pricing infrastructure and applications to utilize the power of GPUs. Every night, Bloomberg calculates 1.3 million hard-to-price asset-backed securities. These calculations, single-factor Stochastic models, were originally run on a Linux cluster. One of the core software architects suggested using GPUs to solve scalability issues. The core Stochastic models exhibited in their applications lend themselves well to parallel computing on GPUs. To compute everything within an eight-hour window, meant scaling 800 cores to 8,000 cores, about 1,000 servers. Rather than running on 1,000 traditional server nodes, a GPU cluster shrank to 48 server/gpu pairs achieving an 800% performance increase. What took sixteen hours is done in two. Power and cooling cost savings by migrating to a more consolidated architecture are considerable.
    BING BONG. "Will Dr. Heize please go to reception.
    Your girlfriend is waiting.."
    Kaufman Praises SEC Proposed Ban On Flash Orders, But Seeks Broad Review
    In a speech on the Senate floor, Sen. Ted Kaufman (D-DE) praised the SEC for its proposal to ban flash orders and for agreeing to undertake a broad review of high-tech trading practices.
    Kaufman is concerned that the SEC has approved a number of innovations such as dark pools, high frequency trading and collocation, in a piecemeal manner. Specifically, he cited the rise of high frequency trading — a phenomenon, which has been building for many years but allows buy and sell orders to trade in milliseconds. He also singled out the emergence of dark pools. Some trading firms' computer servers enjoy the advantage of onsite location at an exchange, a practice known as co-location." When exchanges began to allow traders to place their computers on-site for direct market access, the SEC did not require approval.
    Quote Originally Posted by herosrest View Post
    Economic theory, Hi-tech know how, experience, the reality perceptions and making honey with other peoples money. Modern trading theory, is practiced chaos, predatory and a load of cow's wallop. Nothing about it is orderly. Highly overpaid kids, playing in a very expensive schoolyard. If the stuff that goes on, happened anywhere else, face to face - dealer to customer, then the daily body count would solve world population problems.

    A New Theory on Market Structure A very interesting web site - Wall St. Tech.
    CLICK - Given the colossal size and sweeping breadth of the stock, bond, options, futures and derivatives markets, has the Dow Jones Industrial Average — which was started in 1896, tracks 30 large company stocks and is used daily by most news outlets and investors as a market weather vane— become stale and irrelevant? - Wealth management.
    "FAS 157 will prove an historic regulatory blunder."
    Markets are rallying, the real economy shrinking. Liquidity is driving this market, and that is likely to continue with trillions on the sidelines. Liquidity driven markets usually dry up. Hopefully, credit expansion and GDP growth arrive to support the market in 2010.
    Last edited by herosrest; 10-09-2009 at 10:04 AM.

  14. #14
    Ultimate Member herosrest's Avatar
    Join Date
    May 2002
    Location
    Authorised personnel only
    Posts
    2,281

    A new architecture, codenamed "Fermi," incorporates a number of new features aimed at technical computing, including support for Error Correcting Code (ECC) memory and greatly enhanced double precision (DP) floating point performance. Those additions remove the two major limitations of current GPU architectures for the high performance computing realm, and position the new GPU as a true general-purpose floating point accelerator. Sumit Gupta, senior product manager for NVIDIA's Tesla GPU Computing Group, characterized the new architecture as "a dramatic step function for GPU computing." According to him, Fermi will be the basis of all NVIDIA's GPU offerings (Tesla, GeForce, Quadro, etc.) going forward, although the first products will not hit the streets until sometime next year.

    ...BNP Paribas, a French banking firm, is using a Tesla S1070 to compute equity pricing on the derivatives the company tracks. According to Stéphane Tyc, head of the company's Corporate and Investment Banking Division in the GECD Quantitative Research group, they were able to achieve the same performance as 500 CPU cores with just half a Tesla board (two GPUs). Better yet, the platform delivered a 100-fold increase in computations per watt compared to a CPU-only system. "We were actually surprised to get numbers of that magnitude," said Tyc. As of March, BNP Paribas had not deployed the system for live trading, but there are already plans in place to port more software...
    Last edited by herosrest; 10-09-2009 at 10:38 AM.
    During deep sleep IT came to me and the future of processing is clear.
    Future processors will primarily be digital tuning radios acting as grid computing nodes.
    Voila. See ya in hell.
    PROCESSING

  15. #15
    Ultimate Member herosrest's Avatar
    Join Date
    May 2002
    Location
    Authorised personnel only
    Posts
    2,281
    During deep sleep IT came to me and the future of processing is clear.
    Future processors will primarily be digital tuning radios acting as grid computing nodes.
    Voila. See ya in hell.
    PROCESSING

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •