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Re: 'Natural Gas Now Viewed as Safer Bet'

Well done Hal! You always find the best articles!!

I really owe you one for pointing out Natgas even before the Japan situation...as I was able to leverage in at the cheapest levels...just by looking at the monthly chart I liked this commodity very much...
Just goes to show, like Trades always says, follow the charts and a fundamental story will always follow, LOL!

But when this nuclear situation unfolded in Japan I reasoned all this fundamentally in my head already...as EVERYONE I know (especially since I am in the midst of a very environmentally sensitive crowd here in Kali...) is VERY much against nuclear power now more than ever...and this 'green' movement already has some legs...right or wrong, these special interest groups are gonna scream and yell and have a fit to close the EXISTING nuclear plants now, let alone allow new plants to open...
I actually thought of shorting Uranium stocks initially, I bet that would STILL be a good play...

I can see where we get to $6 gas sooner rather than later...esp. looking how those bollinger bands had wound so tight in the weekly chart...now they will release that energy...

Cheers!

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Re: 'Natural Gas Now Viewed as Safer Bet'