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Thread: Of GAS & hot air.

  1. #1
    Ultimate Member herosrest's Avatar
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    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.
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    There'll never be justice for working people, you know that hero.

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    Ultimate Member herosrest's Avatar
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    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.
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    Ultimate Member herosrest's Avatar
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    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.
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  5. #5
    Ultimate Member herosrest's Avatar
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    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

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    Ultimate Member herosrest's Avatar
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    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
    Ultimate Member herosrest's Avatar
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    You all know this guy, right? A modern day trader.
    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

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    when will they start trading in euros instead of dollars and pounds?
    http://www.independent.co.uk/news/bu...r-1798175.html

  9. #9
    Ultimate Member herosrest's Avatar
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    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.

  10. #10
    Ultimate Member herosrest's Avatar
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    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

  11. #11
    Ultimate Member herosrest's Avatar
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    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

  12. #12
    Ultimate Member herosrest's Avatar
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    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

  13. #13
    Ultimate Member herosrest's Avatar
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    H'ok, JM no longer being the resident gas, here is a pretty non-speculative run down on the stuff by some journo's who may just have an idea what is occuring, in gasland.

    Surplus storage lifts natural gas.

    Now, it matters not who you be, normal beings, suffered some recently, deep suffering way down to the bottom of your pockets when fuel price did some very nasty things. It was uncomfortable, times moved on but anyone ever who takes their eye off fuel futures is setting themselves up for a re-run of 2007/2008 when rocketing prices co-incided with a financial quake that has not yet stopped rumbling and which may, be about to repeat with a 9.7 on the richter.

    The regulatory changes, incorporating Fasb-157 and its family of li'l land mines had an awful lot more to do with the wobbly credit problems than anyone has ever admitted. There is another wobble in the making at the moment with the matter of transparency and the CDS derivatives markets.

    The fat lady, most definately has not sung yet, she may though have begun to gargle. The people those rules affected were quite happy to wreck the system to protect themselves and their money, that's how the world and people obsessed with their pots (of gold) is. Some people really just don't care, about anything except zero's. Great big, long, long, lines of them. They will take down anything that gets in the way. They are insane, criminally speaking.
    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

  14. #14
    Ultimate Member herosrest's Avatar
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    Below are a series of stock market indices. 7 of them for major economies, 12 months to sept 09. The first is an oil price index, all 8 are Symbiotic. This actually is a real world impossibility in FREE markets, however, this is the way of things as traded today. Where the oil price goes, stock markets hitch a ride. It's probably just a software glitch or dumb programming but it is not reality and those price spikes of value mean less and less and less money in peoples pockets to consume and keep the consumer economies working.

    Arguments will leap forth immediately, pure rubbish, market forces at work, etc, etc, etc, yawn, yawn, yawn. Despite the most brilliant minds and mathematics, the system producing this effect with real stock prices, these are the trading values, buy/sell prices - it is pure theoretical baloney. Pie in the sky rubbish by idiots with some letters after their names who sold the world some trash. Trading systems analyse businesses and 'predict' performance and price. The analysis predicts value and therefore sets price. What's wrong with that??? - Hahja, effing wake up!


    If a mechanism or instrument exists that can take advantage of this price prediction/fact, it will be used to manipulate prices. Step forward the derivatives markets and take a huge bow. Don't be shy now, say cheese!
    Last edited by herosrest; 10-08-2009 at 08:41 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

  15. #15
    Ultimate Member herosrest's Avatar
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    Being the wonderful, all encompassing and almightily taken for granted piece of theory the charts and system above represent, how come? - how come, wages don't follow these spikes and troughs, they don't, do they. Now, how did someone forget that little matter.

    That aspect of things is simply chosen as example to contradict the logic employed in this trading system, it is anchronistic, fraught with perils and stupidity, there is nothing free about it (being bound in chains) and it is an utterly ridiculous way to conduct trade and marketing. Way overdue a very serious re-think and re-evaluation. It is not worth the troubles it causes or the focus and desires it creates.

    No one cares, why should they, it rolls along, it works (hehe) and is what it is.
    Another fine human concoction of twaddle and blah, blah, blah.

    It is not though possible to grow Finance so that it doubles gross worth every 4 years or so. That is simply inflation, not of bubbles but the entire ball game and it will explode.

    If you want to increase wealth by factors, stop piddling around and do it properly. The lad who invented the Bank of England, really did understand what he was doing. It was a simple concept that holds good today and underlies all money making, which ever system is used. You double the wealth, real wealth, then you leverage one half of it. You make certain beyond all doubt that capital is repaid. That then can be halved and leveraged again. Just too simple, isn't it.



    Last edited by herosrest; 10-08-2009 at 09:33 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

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