Markets - Nat Gas, $6.04 dn-1.08 bar chart.
Wow! N.G.drops just over a dollar in one day. What went wrong with the "supply and demand" brigade? Surely, as this is a drop of 15% on a day, has demand also dropped 15%, I ask you? Well, the answer is a big no. The answer is, the Hurricane season is here and we have a big one over Jamaica called Dean. N.G.began it rise due to an oversold price that I called when it was $6.21 July 29th. The rise rose 50% of the drop and got S.T.overbought. With Dean taking a turn towards Mexico, ( part of the USA ), futures took a dive today. So much for the "supply and demand" economists. Sorry, it doesn't work any more. Hedge funds and computer traders have screwed it all up. Then there are those that only play the short side.

It will take a few days for N.G.to base, but I bet it will open up tomorrow. dn-3.20 and again late at $38.26 dn-5.25. Avg.price $39.61. UNG closed $38.70 down-$5.46. Did you switch off your gas heater?

E-m out immediately, on web later at www.markets618.com
Charlton Capital Ltd. Mr.618 here.