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Strategies & Market Trends : Ride the Tiger with CD
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To: Rocket Red who wrote (199494)4/29/2011 1:51:56 PM
From: Canuck Dave3 Recommendations  Read Replies (4) of 313059
 
I trade charts, red, and suddenly, "there's something in the air" with NG.

Potential causes.

1. Obama will announce a major impetus to utilize NG for energy self sufficiency.

2. Chinese desperate to get more sources of NG. They could build a liquid NG shipping facility in Prince Rupert out of chump change.

3. Power generation plants switching to "green" NG from coal.

4. A real oil shock coming driving up all energy prices.

CD
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