Thursday, July 24, 2014

$NATGAS:UGAZ--Looking back to last November

The last time the $NATGAS:UGAZ got this out of whack, UGAZ rallied massively.  I think we have made at least an interim bottom.  If it is only an interim bottom, then we should go to 17-17.50 or so, then retest.  After retest--IF WE HAVE RETEST--UGAZ should rally again massively.  So, either more or less straight up, or up to 17, back down, then up.  GL

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C’mon Alan! Bubbles Are Caused By Central Bankers, Not “Human Nature” | David Stockman's Contra Corner

 

C’mon Alan! Bubbles Are Caused By Central Bankers, Not “Human Nature” | David Stockman's Contra Corner

Tuesday, July 22, 2014

$NATGAS--A bottom?

I don't know the exact bottom for $NATGAS, but we are making a seasonal bottom (end of July, beginning of August) as we have 70% of the time over the last 20 years.  If you haven't started to accumulate--it is time.  GL

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