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


To: carranza2 who wrote (25237)12/5/2009 6:07:44 AM
From: Real Man  Read Replies (1) | Respond to of 71456
 
I am still looking at NG trade, despite his eternal
glut theory and siding with Slider, possibly this coming
week. -g-

Everything has its time and price, and NG spot was ABOVE
January contract this week, while contango in near months was
drastically reduced. This could finally be good news for UNG,
as storage costs drop and someone takes advantage of the
contango situation. Net injections just means that - someone IS
taking advantage of free profits in Natural gas.

Wait, this IS good news for UNG. It will finally be tracking
gas. Of course, that does not mean gas will soar, but the
cost of waiting is getting drastically cut right this moment.
There is little contango left in near months, and supercontango
in NG (which killed UNG) has been eliminated.

There is little evidence so far production glut is abating,
but the data is kinda old (September), and it should happen
sharply.



To: carranza2 who wrote (25237)12/5/2009 10:45:17 AM
From: Real Man3 Recommendations  Read Replies (1) | Respond to of 71456
 
A lot of people need to learn that opinions make the market,
and the fact that the other guy may have a position opposite
to yours does not make him your mortal enemy. I confess I
myself am too subjected to this psychological crap at times,
although I do know it is meaningless, but a lot of folks
really are. Which causes all that banning stuff and quarrels.
I disagree with RB this time, who claims gold will crash.
That said, he could be right.

Psychologically it is especially hard when the person
with the opposite position is making money while you are losing
it.

The simple truth - this market is not easy, given enormous
blowup and equally enormous government intervention.