Broadridge Financial Solutions Inc. Message Board
-
This baby is going south
I highly recommend each of you look at the natural gas draw downs in the last few days. Very weak. Ng prices will drop below $4 per unit in the next few weeks. That means BR is a buy a $38. See you there folks.
-
Where can I get quotes on Ng pricing?
- 3 Replies to tcpip95
-
money.cnn.com/markets/commodities.html
www.bloomberg.com/markets/commodities/energyprices.html
and historical through previous day:
www.oilnergy.com/1gnymex.htm -
-
"Ng prices will drop below $4 per unit"
per unit, eh?- 1 Reply to automatedhypemonitor
-
exactly.
instead of buying, their fear makes them place the wrong bet. Selling into the short, seasonally weak period makes for bad returns. But then, if nobody was selling there would be no one to buy from.
i've wasted enough time here.
good luck
-
Since when does BR's price discount the market only weeks or months ahead? The long-term is important.
Average NG storage figures are down signficantly Yr/Yr. Unless we get an abnormally warm winter, there will not be enough supply to meet demand, and prices will rise. Lack of investment in the natural gas exploration, and the time necssary to develop the LNG infrastructure suggests that supply will be an immediate problem.
If we see $38, it will be a major buying opportunity. I seriously doubt we see those levels.
Maybe the recent declines will shakeout the weak holders. -
You may be right but I believe that the $45 support will hold. Just to cover my self I'm placing stop loss orders before I leave town.
-