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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Cogito Ergo Sum who wrote (47473)	2/8/2012 10:11:43 AM
From: Johnny Canuck	Read Replies (2) \| Respond to of 70315

Is ECA.TO a scalp because you expect nature gas prices to re-bound after the shoulder season is over and people start to use more energy to cool their homes and use up the reserves built after the warmer than expected winter in the East or are you expecting a longer term more fundamental change as industries switch over to NG due to its cheaper price therefore stablizing the price of gas. The multi-year low in NG worries me as a new low can set off a series of lower lows. I am not sure I am willing to call a bottom yet, but I don't follow the sector as closely as I should.