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Strategies & Market Trends : Natural Resource Stocks

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From: jimsioi	1/19/2005 3:13:59 AM
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One nasty reversal in Feb Natural Gas yesterday... futures.tradingcharts.com Bearish engulfing stick...price ran up to a gap and reversed big time...Boy that's ugly....I wonder how long $6 holds... On a longer term weekly chart of NG ones sees, or at least I seem to that if $6 gives way the speculators will be encouraged that quotes as low as $4.50 may be seen... stockcharts.com[h,a]wecaynay[df][pf][iUb14!Ll14]&pref=G NG has been going down since early October and sustained cold weather appears to be necessary to keep it from extending the bearish trend...imho..

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