The top chart is crude oil's price going back 16 years.
The bottom is the ratio of crude to natural gas. You can see that everytime it gets to these levels it tends (doesn't guarantee) to go back down.
Wednesday, August 1, 2007
Update on Crude Oil/Natural Gas Spread
Here is the chart I'm looking at in regards to Long natural gas and Short crude oil.
The top chart is crude oil's price going back 16 years.
The bottom is the ratio of crude to natural gas. You can see that everytime it gets to these levels it tends (doesn't guarantee) to go back down.
The top chart is crude oil's price going back 16 years.
The bottom is the ratio of crude to natural gas. You can see that everytime it gets to these levels it tends (doesn't guarantee) to go back down.
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