I love how at the bottom, just like the top, people are so loudly wrong. I heard just the other night "we are swimming in natural gas" and "natural gas is a commodity that might really go to zero" and "natural gas is the only fuel trading on fundamentals".
Rediculous. All of it. I hope you see through the nonsense.
This short-covering squeeze in nat gas has been epic. 3.25 to over 4 in a week, or roughly 30%. We are bouncing around near the trendline and 50 day MA, though.
I love how at the bottom, just like the top, people are so loudly wrong. I heard just the other night "we are swimming in natural gas" and "natural gas is a commodity that might really go to zero" and "natural gas is the only fuel trading on fundamentals".
ReplyDeleteRediculous. All of it. I hope you see through the nonsense.
This short-covering squeeze in nat gas has been epic. 3.25 to over 4 in a week, or roughly 30%. We are bouncing around near the trendline and 50 day MA, though.
ReplyDelete