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Buxton ND | Thanks May I owe a beer or 2 !!! Coal deals with long term contracting and Nat gas has been giving it a run for its money....Nat gas drill count are down,but stocks are still very high.Last spring with the mild winter nat gas storage was all most maxed out,and many end user are switching to nat gas instead of coal. I bought some ANR in the 5.20 to 7.00 range as a long term trade and a much saver why to play the nat gas market. Nat gas a move from $3 to $4 is 10k so its something I'm NOT gonna play period........... Plus I was really hoping Obama DID NOT get re-elected...... If he had his way coal mining would stop,,,,, for something "greener" | |
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May and over-laying charts
