All through history the majority was always wrong.
�Herd mentality� is a term that refers to an irrational sentiment that hits the market, due to which people tend to behave the way others do. Right now we have just about everyone chasing the Canadian Trusts. Just about everyone expects natgas to go up due to heat waves all across the country. Herd mentality is driving these trusts and natgas stocks into the stratosphere.
And just because it�s hot doesn't mean we don't have ample supplies of energy contrary to what others think on this message board. And apparently you do too. Oil and gas have about a 30% price increase built in right now due to speculation, traders, war and even when the next hurricane will hit. Here.......look at this chart link below and you tell me if natgas is going up right now? See those gaps left on the upside? Most gaps get filled. You want to take a bet against me that I say the last gap at $6.50-$6.75 gets filled? It could hold at $7.10 on the 200 day moving average but I'd bet it will go lower filling the gap left around June 1. Just my opinion!