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PowerShares DWA Technology Momentum ETF Message Board

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  • kmr123999 kmr123999 Dec 8, 2005 10:05 PM Flag

    I'm new here. Is it too late

    Yes, but they are basing all of their numbers on a 2006 average price for NG of, and I quote, "$7.50 (US$/Mcf)".

    I think their estimate might be a little low considering NG is now above $15. Even if NG dips back down to $12 for most of Jan-Mar, it would then have to slide to around $5 through all of Apr-Sep to get back to around a $7.50 average YTD. Seems unlikely to me.

 
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