Posted by eberhard on 26th of Jan 2014 at 11:19 am
nat gas is so weather dependent and the forecasts are for a
warming trend the first half of February (see natgasweather.com)
. I've thought about putting money in a separate account and
not look at it for two years. It's hard to stomach the roller
coaster ride if you watch daily. but from what i've read, the trend
is definitely up. thanks Matt for pointing out many months
ago
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$NATGAS Monthly Feedback Appreciated
Posted by zitron on 26th of Jan 2014 at 09:59 am
Any counter-comments appreciated. Critique graciously accepted.
http://stockcharts.com/h-sc/ui?s=$NATGAS&p=M&b=3&g=1&id=p75890213334&a=333702677
I see an inverted H
Posted by cubby on 26th of Jan 2014 at 08:37 pm
I see an inverted H & S pattern, with the left shoulder in 09/2010 and the right in 08/2013.
Your target is not extravagant, although the scenario might benefit from some disruption of supply or a pipeline accident, and so on.
If it does hit your target, then a short for spring timeframe. A nice chart. Thanks!
Eventually it gets there but I doubt it in the near future
Posted by eberhard on 26th of Jan 2014 at 11:19 am
nat gas is so weather dependent and the forecasts are for a warming trend the first half of February (see natgasweather.com) . I've thought about putting money in a separate account and not look at it for two years. It's hard to stomach the roller coaster ride if you watch daily. but from what i've read, the trend is definitely up. thanks Matt for pointing out many months ago