SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (43170)12/13/2003 7:48:24 AM
From: John Carragher  Read Replies (3) | Respond to of 74559
 
"Analysts are expecting the volatility in the natural gas markets to continue next week. One analyst, Phil Flynn of the Alaron Trading Corporation in Chicago, predicted that the price of natural gas could climb as high as $13 per million B.T.U.'s this winter, or nearly double its current level, through a combination of speculative activity and concern over long-term supplies."

$13 btu... is this guy smoking pot.? the article already said enough supplies and a lot of this is speculation and hedge funds. This could drop in a week, yes, no?



To: elmatador who wrote (43170)12/13/2003 10:07:57 AM
From: macavity  Read Replies (1) | Respond to of 74559
 
Nat Gas.

Daily Chart looks explosive and dangerous for longs and shorts, but the weekly chart is picture perfect for bulls.

Monthly and quarterly charts are currently pointing up.
When this thing pulls back it is a buy, IMO.

No idea what is going on or why!
Monthly stochastic is rising from o/sold, and monthly MAs are pointing up.

-macavity.