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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (72559)3/31/2011 7:25:12 AM
From: Haim R. Branisteanu1 Recommendation  Read Replies (1) | Respond to of 218029
 
Hi to all;

After some nice appreciation expect "First of April" correction.

On March 15 after the Japan disaster I have indicated that NG is prone to rise from the last year slump due to the fact that Nuclear Energy took a back seat and NG electrical power plants are the easiest to install to make up for lost electrical power production with NG plentiful.

Since NG rose from around $3.85 to $4.40 per "Henry Hub" contact a rise of over 14% (or over a double with leverage).

Gazprom ADR did gain as much, from $29.5 now quoted at $32.34.

In theory due to Gazprom leverage the stock should advance further at a rate higher than the NG contracts, if the fundamentals for NG are sustainable.

I do expect that the speculators will start taking long positions in NG contracts and over time when it will hit the news including the talking heads on CNBC NG contract my touch $5, at that time if GS and other swindlers will start recommending buying NG it will the time to sell the position for those that followed my advice.

As to Gazprom stock I will consider selling if it will reach $40 within 6 months or later and will reevaluate the situation.

Cheers



To: TobagoJack who wrote (72559)3/31/2011 8:00:56 AM
From: Cogito Ergo Sum  Read Replies (1) | Respond to of 218029
 
End of QE2 a whisper still .. and so much predicated on China continuing to carry the weight...



To: TobagoJack who wrote (72559)3/31/2011 8:51:37 AM
From: elmatador  Read Replies (1) | Respond to of 218029
 
Buffett defends protégé's actions.

In David Sokol’s self-published book, “Pleased but not Satisfied”, a guide to management, he quotes approvingly one of Warren Buffett’s mottos on how to decide what is the right thing to do.

The litmus test is simple: “Would I be absolutely comfortable for my action to be disclosed on the front page of my hometown newspaper in an article written by a knowledgeable and thorough reporter and read by my family, friends, and co-workers?”

Mr Sokol may now be regretting that dictum.
ft.com