Hi Trades,
Hope all is OK.
I just got back on the air late Thurs. and had to play catch up. No power since early Mon. Evening but no damage !!!
If you have time could you post a chart for NGZ12. Certainly interested in how your eyes see the chart at the moment. You usually remain "unbiased" regarding "fundamental issues".
Basically I have been bullish on Ng, But I do see the price drop of the last few days to be "demand destruction" from the large number of power outages since Sandy hit.
Significantly more power should be restored by Monday so there is a point where a demand driven drop will clear up. But then, it is getting colder as well (we'll see what CeeJay comes up with tomorrow).
I'm convinced the Ng market is going to turn and go up but it may have a few days "down age" left in it !!!?????
Sunday evening may give a clue as I don't think the Ng market is all that interested in the election in the "front months".
Thanks, Lee