As all seasoned traders know, few commodities can break your
spirit and your pocketbook faster than playing natural gas. Well,
it has been crashing on oversupply concerns, and as anyone who
cares to look can see, the vast bulk of downside price risk in
absolute $ terms is now behind it.
So, I am going to dust off the NG file and have a look see at what
might be done about this free falling substance. I plan to look at
the trade and investment possibilities and come back soon on it.
Weekly NG chart is here.
I have ended full text posting. Instead, I post investment and related notes in brief, cryptic form. The notes are not intended as advice, but are just notes to myself.
About Me
- Peter Richardson
- Retired chief investment officer and former NYSE firm partner with 50 plus years experience in field as analyst / economist, portfolio manager / trader, and CIO who has superb track record with multi $billion equities and fixed income portfolios. Advanced degrees, CFA. Having done much professional writing as a young guy, I now have a cryptic style. 40 years down on and around The Street confirms: CAVEAT EMPTOR IN SPADES !!!
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