N. Gas inventories are near full (even to sustain winter '09). In the short term, NG is an average investment (unless Russia decides to do a Russia again ;) ). Oil is set to decline as well by the year end. Let the hurricane pass, then set crude to short & go party (although it will come down w/ a bang w/o us setting up shorts).
Hey, raj Do you know how much it cost to get natural gas from the underground? it is above 3 dollar....if it keep 2.5 from 1 year....most of the producer will go bankrupt.....
From my point of view I can say, Natural Gas is always good at 2.6-2.5 level. In weekly and monthly chart there is a long term trendline support near that zone (from way back to 1994).So technical bounce is much possible from that zone.But sorry, I dont have any fundamental backing for this technical reason. regards, Rajib.
Is there anyone who is paying attention about natural gas?? I have been doing the research for natural gas for 3 weeks...
I long some natural gas last night.....it bounced back today....to be honesty, I think it go down to 2.50 before this winter......
I think it is just long term investment for me.....my prediction is it will stay above 4 before end of this year, and go to 6 next year...........if I am right, it will go up a lot, when USD collapses......
If you want to do the same as me, please do some research before making decision.....I am very new on the commodities.........I think the inventory number will peak in OCT or NOV..........
I familiar with some Japanese traders who are working in the banks. They also write some comments about the market, but everything is in Japanese....
I prefer to wait to see how the Asian market open .....I think Japanese stock won't go up tonight maybe it will stay flat....by the way....they are also talking about watching the stock market now......
if the stock goes down tonight, I won't do anything.....waiting for the chance...need more patient.....
Good selling off....hope Asian Market will keep the same pace....
Japanese traders still talks about short USD/JPY......even Japanese don't want USD....it is will be a very sad story for USD..... And some of them are talking about long GBP/USD at 1.6350 target to 1.650........stop loss below at 1.630.....
I want to see how Asian time plays out.....if the stock keep flat in Asian when it open...I may short USD.....
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ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
https://t.co/Y7tD0RxCS2
@XM_COM (2 years ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (2 years ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (2 years ago)
Earlier in the week gold selloff was attributed to smaller than exp China EASING. Metal is now holding v well despi… https://t.co/ZW9cmXTPWW(2 years ago)
...but I agree w/ you that N.Gas is one of the best long-term investments. But so is RBS and Iraqi Dinar! :)
N. Gas inventories are near full (even to sustain winter '09). In the short term, NG is an average investment (unless Russia decides to do a Russia again ;) ). Oil is set to decline as well by the year end. Let the hurricane pass, then set crude to short & go party (although it will come down w/ a bang w/o us setting up shorts).
Do you know how much it cost to get natural gas from the underground? it is above 3 dollar....if it keep 2.5 from 1 year....most of the producer will go bankrupt.....
regards,
Rajib.
I long some natural gas last night.....it bounced back today....to be honesty, I think it go down to 2.50 before this winter......
I think it is just long term investment for me.....my prediction is it will stay above 4 before end of this year, and go to 6 next year...........if I am right, it will go up a lot, when USD collapses......
If you want to do the same as me, please do some research before making decision.....I am very new on the commodities.........I think the inventory number will peak in OCT or NOV..........
I prefer to wait to see how the Asian market open .....I think Japanese stock won't go up tonight maybe it will stay flat....by the way....they are also talking about watching the stock market now......
if the stock goes down tonight, I won't do anything.....waiting for the chance...need more patient.....
Good luck! moe!
Can I Knw how do you know what japanese traders are thinking?
Shorting Dollars at the end of the Asian session looks very attracive..
Japanese traders still talks about short USD/JPY......even Japanese don't want USD....it is will be a very sad story for USD.....
And some of them are talking about long GBP/USD at 1.6350 target to 1.650........stop loss below at 1.630.....
I want to see how Asian time plays out.....if the stock keep flat in Asian when it open...I may short USD.....