I'm in at an average of 32 but will double down if it goes to 28. Got a bid in for UGAZ @13.
Sentiment: Strong Buy
Rob, I believe an interest rate hike would help any banks that do loans, because the interest rate spread will widen, creating more profit for the loan originator.
They predicted a real cold winter last year, which happened, and look how much natural gas spiked. It will probably do the same thing by feb. 2015. I'm looking at getting back into UGAZ soon, because i can see it going back up to $30 to $36 within 6 months.
GL and Cheers
Pompous craphead, If they can burn it , they can generate power with it, Period!
I know of one, but the float is low.
It's more profitable for the land owners if the oil companies capture everything and sell it. Oil companies don't want to spend a little extra, but what is best for everyone will hopefully win over.
I pretty much quit watching interest rates closely because they are so easily manipulated by the fed. It's like watching paint dry till they they allow rates to rise. Thanks for your opinion, trader.
Wheat is looking like its got more upside than downside right now. Check the COT report, the RSI and the Slow Stochastics. DYDD and Cheers BB
PS I cant believe no one is mentioning GASL as a buy.
It's getting close. DGAZ went from 8,50 something to 20+ last year. Im thinking it will be close to that type of gain this time too. Layer in UGAZ and don't get greedy.
Cheers and GL
cheers and gl