Welcome to the TFC Commodity Trading Forum.
Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

TFC Commodity Trading Forum

Re: Interesting NG post taken from a stock forum

Actually, what's most fascinating about the stock/etf board I pulled this post from is that it is now a virtual ghost town, and this fellow's comments stood out like a lone tumbleweed there. Up until a few months ago, this particular board was the most active to be found of any of the stock/etf ticker listings on the site by a country mile, with literally 100's of posts per day that required scanning page after page to see. For the longest time, it featured a chorus of 'bulls' chanting 'too cheap' while fighting a losing battle in NG's multiyear decline. Back a month or two ago, the 'bears' had overtaken the joint with a new chant of 'going down forever on too much supply'. Now the bears have all been bloodied to a pulp as well and have departed with NG's recent resurgence, joining the old retail spec bulls who are also penniless.

So basicly, the 'take-away' from retail boards like that is that the longs have finally given up the ghost, or worse yet, turned into bears, just as the tide has finally turned for this much loathed commodity, one that has simply taken no prisoners. A widowmaker indeed for all those short-term focused retail specs, whether they be bull or bear.

I would say that this market has already done some serious 'cleansing', lol...the future now looks much brighter for a continued advance because of it.

Messages In This Thread

Re: Interesting NG post taken from a stock forum