RE:RE:RE:RE:GROUNDHOG DAYSo if everyone thinks that ground hogs have a good prediction track record sure go for U.
I look at their statistics and they are only right 35% of the time.
So that's worse than a fifty fifty coin toss.
So if the bump up in price today was from ground hog effect and not storage going above the 5 year average, i would bias that today was a good day to position into D because storage is high side of average.
The chart is in a down trend and eastern ground hogs fighting chart. The 90 and 30 day weather maps are saying winter is over in the east henry hub region.