Replies to post #1590 on Friends sharing thoughts...

[Wrinkles]

NG - sometime soon we'd expect NG to start pulling back a ways..NG $3.44 now....and the March contract is now .40 cents less, so that is $3.04 area....should see at least a pullback to $2.92/$2.90 area and then bounce to new highs???

OR

We break $2.90 area and head for low $2.60's and then turn and head for new highs???

IF we need to see low $2.60's before turning, then think it would be a safe bet that SWN will be a lot lower??? JMO....lower than that $4.90 on the chart.....

I'd say patience, chill, let's see what happens...on the flip side, with all these pinks running, why even think about Oil and NG right now????? That's what I'm doing this week and glad I did, had another great week, thanks to pinks and no stress overnight with ETF's....

[TheTrader72]

Here’s an excellent read up on SWN, TBRA. Technically I think it is so broken that it can’t even trend with the oil and gas moves:

http://www.nasdaq.com/symbol/swn/guru-analysis/fool