Wt Natural Gas Discussion Threads

[talon13] 29/3/2010 07:31

very helpful info. thanks.

[muffinhead] 27/3/2010 19:10

Can ETF go bust?

[muffinhead] 27/3/2010 19:06

good decision, just broke support...i am not holding but have looked at this on/off for last year in connection with making decisions on some shares in utility.gas/coal sector.

if you follow charts, don't need in depth knowledge of gas...let the market tell you

generally bad idea to invest long in anything when the the 40 week SMA is pointing down...sure trade in and out on shorter time frames

I think gas is near the bottom. Not sure but an inverse head and shoulder pattern now with divergence on the indicators may play out



free stock charts from www.advfn.com

[talon13] 27/3/2010 15:37

this might seem like a daft question, but does the possibility exist that this ETF could go bust?

[gargoyle2] 24/3/2010 14:19

Picked up some more of these today. Price seems to have stabilised. May even go in for some more once I free up some cash.

[pokerbrat] 19/3/2010 09:32

Interesting article on US gas inventories:

[ptolemy] 18/3/2010 16:44

It was the release of the US figures at 2.30 that knocked it down. But I bought at the close - let's see.

[kahuna burger] 18/3/2010 16:40

sky, i asked my broker about opening a t20 this morning, he said dont just yet, let it run a while but defo interested as it seems to bounce nicely from these levels eh?

[bluelynx] 18/3/2010 14:47

I'm glad I sold this rubbish ETF at a small loss on its rise from $2.5 to $4, this ETF is only to be traded very short term, Contango will wipe any long term investor out completely.

[skyship] 18/3/2010 11:29

Perhaps catching a falling knife, but they've reached my buying level, so back in for a few at 27.93p:

[pokerbrat] 18/3/2010 10:55

Umm..... the price of gas?

[bluelynx] 17/3/2010 14:25

Contango is a killer and much of the fall is due to contango, so the fall may not be as large as it appears.

[pokerbrat] 17/3/2010 14:21

Succesful trading is about identifying low risk/high probability opportunities, rather than knowing what will happen next.

Seems to me that buying at 28 is about as low risk/high probability as they come. Tight stop, lots of upside. I'm a buyer today.

[indigo85] 17/3/2010 14:05

Dunno, but the bigger the drop, the bigger the rise.

[gargoyle2] 17/3/2010 13:14

Anyone any views on where this is heading. There seems to be strong resistance around the 28 mark... but what do I know. My finger is hovering over that buy button..

[ptolemy] 11/3/2010 10:39

wrong thread.

[notanewmember2] 08/3/2010 23:01

I'll let you all know when it is a buy.

[pokerbrat] 08/3/2010 20:28

I would have thought that if you were a value investor, timing was irrelevant. You buy something because it is cheap and wait for the demand to back into the market.

Timing is relevant to momentum or swing trading, not value investing. You think Warren Buffet was chewing his nails coz he bought in to the stock market a little early?

NatGas looks to be putting in a long-term bottom at the moment, but patience is required here.

[skyship] 04/3/2010 16:47

"Timing is everything" - Agreed, so will be looking to BUY @ c.28....

[notanewmember2] 22/2/2010 19:43

Better to be short!