why buy now? your already losing money..... nat gas isn't going down this week.. why? storage still below last year and 5 yr. average..... Now hot weather spurs electricity for air conditioning... What's your hurry Why doesn't everyone just wait for it to bottom.....4.50/btu was original target by experts. good luck
The only expert I know of who said 4.50 was Goldman Sachs. Most were below 4.00. 3 months ago it was below 3. I do agree with your advice. I almost bought when the price went to 4.40, but I held off. Concerned that those following Goldman would again force prices up. When the price does go 4.50 or beyond, the profit taking and the weather will force the price down.