Hi folks,
I'm still around, but not doing too much with the markets of late except tidying up positions, still pretty well occupied with non market projects.
Re Tidying Up, I did sell my remaining gassers (including my last remaining true love, PQ) on the bounce to XNG 408 this morning which allowed decent profits. I still believe NG has some life left in it, but shoulder season could be more brutal than I am willing to experience and I'd rather be grabbing bargains later than sweating with positions during the rough spots.
My holdings now are very thin and may thin right to the vanishing point, I am mostly cash now and would easily go all cash.
In fact I am on the verge of doing just that right now!
My outlook is quite bearish in the near term in almost every category, though if POG drops I will probably buy some physical (can't resist). When time allows and as my projects (finally) complete I will review my bearish bias, probably finally finish up my busyness somewhere in the Ides of March, so beware, Frosty will be mostly gone by then, but Roebear will return, VBG.
Best to all,
Roebear |
