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Energy Investing
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Re: Idiots Natural Gas Chart - Never seen anything like thisI guess a fight between shorts and covering/squeeze...depending on time frame view and short term weather changes. After the true shoulder in the Midwest a couple of weeks ago, some heat has returned for a couple of days last week and this week helping less injections for next a couple reports (tomorrow and next). But since next week - true should with large injections, about 100 bcf per week I would expect for the following 3 weeks. Such unstable conditions at very high pre-winter inventories prevent producers from drilling that could impact in winter. Everyone has own bet. I'm staying away from this fight. Too much uncertainty for my stomach. romm |
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