Sunday, February 4, 2007
Baby, It's Cold Outside
It got down to 14 at White Plains last night, my good friend Wes Richards tells me it was down to 7 out in the middle of Pennsylvania this morning; so it's darn cold out and will get colder over the next two days. But look at any long range forecast and you'll notice that early next week temps are forecast to shoot up into the 30's and even 40's around the NY area! I hate the cold and I find that to be great news. Better still, if these forecasts verify (they are shaky going out more than a week) then there will certainly be a good natural gas short play sometime later in the week in anticipation of milder wx.