Natural Gas

Just look at it . How can it keep going down . I maintain that storage is bullish because it makes things priced to perfection . And nothing is perfect in business.

Another bullish note is that there are no hedge funds toying around with the price of gas; if anything they have been betting that it would go down.

Natural Gas is not only more bullish than the Japanese Yen, which had sold off for 2 solid years, but will explode higher in a more dramatic way than the Yen and it will probably feel like it came out of nowhere.

I don't like seeing my spread act miserably but I haven't thrown in the towel yet and just look at the oil and gas service group getting stronger. They can only get that way when there is exploration demand and that only happens when they are shortages!

NBR has kept retracing what appears to be a support level and it appears well defended with higher volume on up days. I think NBR will be a clue to NG demand. I wish my broker would let me borrow 1bln to take a majority interest in this company and pay myself a fat dividend.