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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (22696)	9/11/2009 5:01:43 AM
From: RockyBalboa	Read Replies (2) \| Respond to of 71479

Supply might be an issue, I agree but there is technical substitution and a burning out of the chart, along with UNG. I consider it absolutely cheap; and I see no point in selling NG at 2s when oil is at 70s. Abundance of supply does not necessarily mean that suppliers have to abandon all pricing power. I acknowledge that short term lack of demand and lack of storage capacity can drive the price to virtually zero, but even in derivative markets the law of supply and demand can not be repealed.

To: Tommaso who wrote (22696)	9/11/2009 8:55:50 AM
From: GROUND ZERO™	4 Recommendations Respond to of 71479

Oh jeez, it all has to do with SUPPLY not wiggles on a chart "Wiggles on a chart" represent all inclusive market sentiment as well as all the fundamentals that influence market price... market action on a chart as a function of all the fundamentals is more important than the fundamentals themselves... the trick is knowing how to read the chart, for example a radiologist can get read more from an x-ray than a casual unskilled observer... GZ

To: Tommaso who wrote (22696)	9/11/2009 9:17:06 AM
From: Horgad	3 Recommendations Read Replies (3) \| Respond to of 71479

Please, I don’t want to get too far into a fundamentals vs. technicals debate. :) But as for myself, I use to be all fundamentals and slowly over the years I have been adding technicals. I still use fundamentals to do the heavy lifting, but technicals have made or saved me a few dollars. By the way, technicals are a self-fulfilling prophecy...if enough people believe in them they will move the markets. So even if you don't believe in them you should believe in them because other people believe in them. <g/ng>