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Re: Ng Price/Lee/Trades
In Response To: Re: Ng Price/Lee *PIC* ()

Hi Trades,
Thanks !!

The quote I posted came from an Ng forum that Silverbear posted. It seems many posters are heavily involved in the industry. I assumed you had it.

I could not/cannot fathom why dry Ng production is/was staying so high in the face of the low prices. The quote I posted certainly makes some sense

Looking at the chart, it does seem that the stocks are doing better than the Ng futures.

Going forward, I wouldn't be a bit surprised if Ng price hit 3.5 before it hits 4.5 barring some big disruption in production. But at the moment, it seems to like the 3.9 - 4.0 level.

But as you say, it is not what we want, it is what the market does !!!

Just like Dx hit 76.4 today and now it is 76.16 !!! I may attribute that to the markets rejecting the BO plan, but who am I do say, the market will do what it does !!!!

Other than learning more about the Industry, the only reason I pay attention to the Ng fundamentals is to attempt to stay off the RR tracks when the train looks like it may be coming !!!

Thanks, Lee

Messages In This Thread

Ng Price/Trades
Re: Ng Price/Lee *PIC*
Re: Ng Price/Lee/Trades