Friday, July 21, 2017 3:11:34 PM
we are in serious trouble. I should have sold my long UGAZ 12's at 14 yesterday I was dumb and stupid. I am back in DGAZ and will make money profit there but wow the price of NG and the fundamentals just don't make sense.
We got two bullish reports in a row.. and this last report was HUGE bullish favor and NG dropped and then today NG is flat out tanking... why??? on what reasoning?
and weather.. its hot as hell in the south. been over 95 all week. my buddy in Maryland said it was 94 yesterday and 98 today, and that's your NE temps.. another friend in Utah out west says upper 90's there. so how is that not warm enough? burn rates are higher and higher and they are imo high enough for daily rates for the month.
what are we missing?? I don't get it. Im afraid NG is going to that 2.62 support based on the way its trading. Id like to say 2.91 but we are about there now just from todays drop.. fml
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