Does any one think Nat Gas is makiing a base?

Discussion in 'Commodity Futures' started by piazzi, Sep 28, 2008.

  1. piazzi

    piazzi

    I am long as well, over years, I have played the seasonal pattern and have done well, we'll see what this winter brings. Canadian ETFS HNU, HND, are very handy, so what I do is carry a core, to which I gradulalt add, and I also trade in and out on the side to bring cost down.

    There has been an explosion in some pipes in Dawson Creek, Alberta, and that may be a reason for this surge.

    Let's see if seasonal pattern repeats itself or not.


    BTW, I believe, nat Gas is in a long term correction, and any winter bounce, in my opinion will be an Elliott B wave up, followed by an Elliott C wave down, and of course, I amy change my mind at any time :)

    regards,

    piazzi
     
    #21     Oct 17, 2008