$HARK&PAUL

Natural Gas Is Oversold, and We Are Buying

This guy is going to lose money,but don't worry,it is not his money are at stake but stupid investors',his he keeps in CD's,mortgage,underwea...

I have read 30-40 words of it,maybe you are right but I am sure you never traded a single NatGas futures contract as otherwise you would not have time researching it,you would be broke as even at 10-13.50$ NG looked cheap compared to Oil.
The real trade have nothing to do with any kind of spread/discount just ask Amaranth Advisors how they lost 13$ billion trading NG with most complicated algorythmic software,ask T Boone Pickens if he is bullish on NG now,he will punch you i the face and send you one way to hell,ask Sem Group LP that lost more than 10$ billion on Oil/NatGas futures and options plus OTC (I hate otc) if they are bullish on CL/NG they will through you out of the window of their skyscraper office.
Bottom line reality check:
NG is really cheap if one believes Oil at 115$ is cheap,NG is expensive if one believes Oil is heading for 100,90,85,70,65,55? next year.
You decide what is cheap what is expensive,I sold NG October at 8.10$ and sold put 8.00$ October against it for total profit I can make in 30 days 7600$.I did it on the news Gustav is going to crash all the platforms in the Gulf of Mexico and beyond it.
Maybe I am crazy,maybe not,time will show.