for some reasons, traders are continuing to trade Nat Gas opposite to Oil. but history is telling they both should move in the same direction LONG TERM....
these short term traders have no idea why they are selling this gem at this level without thinking 2-3yrs down the road. again they are just traders only making tiny little money at best, NO BUFFETT here
where are all the bear wannabe like dennis gartman, steve grasso hiding???
these idiots were predicting 20, 30 targets ....lol
never listen flip traders for longterm advice, they dont know #$%$ or just trying to take ya money
are you surprised UGAZ moving up after a bad data report?
not here, doing exactly what was expected, just like OIL
only different is, oil usually go up first then follow by nat gas
target 2.5 sooon
expecting a move to the upside is imminent
just remember this, nat gas was at the low back in Feb when OIL already had a bounce from 44 to 54, after OIL pullback thats when nat gas started to get its bounce................time to buy is now!!!!
they dont have all these greedy pig still holding on to their position without helps from wall street.
JPM, is a major short, got their greedyazz squeezed yesterday
are you going to take that fool seriously? my advice, never listen to any fastmoney idiot on cnbc for longterm investment.
that guy in particular is a foooool of himself