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United States Natural Gas Message Board

  • do.john67 do.john67 Sep 4, 2009 11:31 AM Flag

    Longs Stay Strong

    This could be a dead cat bounce, so don't get discouraged if we do go back down, and continue testing new low territory.
    However, upside potential long term(2 to 3 year) is overwhelmingly greater than downside risk.
    With stimulus kicking in toward end of year and all policies aimed at promoting GDP rather than taming inflation, we are bound to move significantly higher over time.
    It obviously won't happen overnight, but mid-feb 10, I would bet that my portfolio will be significantly higher in value than is now.
    My guess is that the people take short positions, or liquidating long positions at a loss at these prices are the ones having trouble sleeping at night.

    Keep in mind, natural gas is something we use every day, and will be using it more and more in months to come. It's not like solar or wind power. It is an energy source that is a major part of all of our lives.
    Just like interest rates will not likely stay rock bottom forever, neither will natural gas prices. All sectors cycle, eventually gas will rise.
    After it rises, so many will look back at this time and wonder why didn't they get in when they had the chance!

7.54+0.350(+4.64%)Feb 5 4:00 PMEST