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


To: Johnny Canuck who wrote (48213)7/4/2012 6:13:49 AM
From: Logain Ablar  Respond to of 70625
 
Thanks for the charts.

It is difficult to determine if we have had a trend change.

On NG I assume it is a combination of the SC ruling with the EPA regarding coal and the normal heat / summer use of NG. Still plenty of supply but maybe this is now slowing down.

Have a great 4th.

Tim



To: Johnny Canuck who wrote (48213)7/4/2012 12:25:37 PM
From: Cogito Ergo Sum  Respond to of 70625
 
I like RLE for its diversification plan.. PSN I am not convinced that it is not a one trick pony.. Those Open Range folks did very well for shareholders all in all though.. I hold some RLE.

BNP I like but still waiting for some retest action..

The EPA news means to me that the tables are slanted heavily to NG, carbon capture etc if Obama is reelected.. more than I thought before.. US supreme court appears to have done a Pontius Pilate.. no challenge to Mr. O on EPA issues if he is in next term.



To: Johnny Canuck who wrote (48213)7/4/2012 5:31:10 PM
From: Johnny Canuck  Read Replies (1) | Respond to of 70625
 
Ooutlook on oil.

Message 28246414

[Johnny: I am not as sure that increases in output will offset lower oil prices. You still need to see good economic growth worldwide for that to happen. With the OPEC countries not respecting their oil quotas and a good reason to make it economic for other countries to continue exploration the assumption of the price of oil used for the article might be wrong.]