We see a huge move up in natural gas futures above 5.25 to 9. Huge. Short squeeze up historic

Discussion in 'Commodity Futures' started by hedgefund007, Jan 12, 2015.

  1. I'd get raped on the carry cost if I go long.
     
    #11     Jan 12, 2015
  2. Much more probable that it will hit less than 30 first before heading back to 62. However, we are getting into that price range where "catching a falling knife" might be a good idea. Very tempted to go long, averaging down, a little at a time from this price. I've already begun this process on the USDCAD pair. Really hard to know where the bottom is.
     
    #12     Jan 12, 2015
  3. lx008

    lx008

    The weather forecast looks mild and warm for most part of US in the next 2 weeks, so Natgas could also go $2
     
    #13     Jan 13, 2015