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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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ajtj99
To: Tweets Boar Hog who wrote (86125)4/23/2024 3:51:19 PM
From: Sun Tzu1 Recommendation  Read Replies (1) of 97561
 
I know I said I don't daytrade, but when you talk in terms of years, especially for NG, you lose me.

I'm on public record saying that NG is my bull commodity idea for the next 3 years. Nonetheless, there is nothing certain in the markets, so I am going to give the secular bearish case for NG:

When Russia invaded Ukraine and NG went up into ionosphere, a lot of terminals and LNG infrastructure started to be built. The total capacity is going to increase massively and suddenly. As they say in commodity circles, there's no cure for high prices like the high prices.

So I will just play NG in my regular schizophrenic way that is always simmering between fear and greed ;)
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