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onthelak42

02/13/14 4:24 PM

#278 RE: Rock_nj #277

Thanks. Trying to figure this out a little at a time. Following DGAZ and UGAZ close and listening.
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Kenswift

02/13/14 5:35 PM

#279 RE: Rock_nj #277

I just can't see how natural gas isn't going to drop substantially. First off, at this price the production will ramp up dramatically. Also some utilities are running on coal now because natural has prices are too high which to me would help build the inventories. I also imagine obama would do something because natty is his baby and if it's priced to high I would think he would want to balance that a bit. I am a layman but I am buying while natty is over 5 bucks. Warm weather is coming and coming soon, next weekend will be beautiful.
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Kenswift

02/13/14 6:02 PM

#280 RE: Rock_nj #277

I feel like everything has been going for natural gas prices lately. Like a perfect storm. Several gas and pipeline explosions, storm after storm. It hasn't stopped but has to stop. People say it's not a longterm swing, but I think unlike other stocks that are driven by revenues, this is far more cyclical and has to come back if you are patient enough.