InvestorsHub Logo
Followers 60
Posts 4224
Boards Moderated 6
Alias Born 01/07/2007

Re: THREE-DAY-TRADER post# 667

Saturday, 11/15/2014 2:13:22 AM

Saturday, November 15, 2014 2:13:22 AM

Post# of 18980
I hear you, it is definitely based on a scenario that to most traders, are only looking in the near term 2-3 weeks, if that lol

I believe DGAZ may see another red day, most likely Monday, but the chart for the indice is the best indicator for me as to how they both will move in the coming weeks. The last few sessions across the board in NG won't climb out of that free fall with today's turn to positive, and the numbers indicate there is a surplus, even if we hit an extended cold snap this time around.

On a more personal note, I think this cold snap will be short lived, at least from what I gathered from this the guy I listen to on npr (some noaa chap here in Seattle) says the cold snap we are in is from the typhoon that swept through the east will end and weather will stabilize to normal late fall, early winter levels. How he know this, I have no clue, because I think they are all full of it ?? I prefer charts lol