just passing this along.........
according to my scottrade news, lng could be a short play here because it fell below its 10 ma of 17.05
I like lng and don't mind adding a few shares on days like this but why buy now when it will be even lower....sabine won't even be up and running til 2015 and they are carring a lot of debt
Unless nat gas goes upchit crazy and jumps to 5.00 this a speculative risk stock ... which is ok ........ every portfolio should have one insane "go for the glory" stock
it's early.............we could have a sweltering summer and lots of hurricane threats and maybe europe and china will get their actrs together.........maybe manufacturing will return to the US in a big way.........lot of institutions seem to be willing to wait..........so will I