Hi Trades,
Thanks for the chart, comments !!!
I think/hope you know where I am coming from on Ng and certainly appreciate your periodic chart updates and comments.
Had I known back in mid July/August what I know now, it would have not been that hard to get short and stay short right through to now !!! But that is Hindsight and I don't think too many expected quite what developed.
I think I learned a tremendous amount about this "fascinating market" though, so I don't think the time invested has been wasted !!
One thing that I am particularily happy about is that the Weather discussion has ceased to be that "caustic event" that it used to be on this forum. Properly understood/viewed and an understanding of how/when it impacts price movement is key. There is a lot more going on than just the weather as this winter has certainly shown.
I clearly allow that I feel a lot better about the price behavior surrounding the Thursday EIA report than I did at the outset.
So, Ng is still a risky market, yet very interesting !!! I suspect we may still see that $1 handle but I'm not betting the "farm" on it !!!!!!!!!!
Happy trading and XMing .........
Thanks, Lee