Wt Natural Gas Discussion Threads

[traderabc] 17/11/2010 12:28

I'd be inclined to agree chopsy.But that's not the first time I thought this was a buy, when it wasn't.

[chopsy] 17/11/2010 10:05

Dare I call bottom here?

[chopsy] 16/11/2010 18:00

Wow, up on a down day - why are we contrary?

[eric gardener] 16/11/2010 06:05

the chart is horrendous 4 false bottoms - april 09 to jan 10 I wonder how many hedge funds went long on this and paid the price.

[traderabc] 15/11/2010 22:39

surley this is going to be worth 0 at some stage?



Lol! The graph certainly makes that look possible, it reminds me of technology stocks with similar charts.
But isn't this is meant to represent essential clean, versatile and efficient energy?

I guess if it was to flat line for several years gradually making its way down to a $1, ngas could be priced at 0.

Perhaps then it will be a buy. ;-)

[eric gardener] 15/11/2010 21:21

surley this is going to be worth 0 at some stage?

great.

[abc125] 15/11/2010 19:19

cheers Praipus. Will take a look.

[praipus] 15/11/2010 16:33

CNA BG ECWO UTL IPR SSE NG.UEM

[abc125] 15/11/2010 16:30

A good run down of why the ngas etf is a loser:



I read somewhere (i can't remember where lol) that nautural gas could be 'the' play for the next decade. The chap reckoned infrastructure equity stocks are the best way to get exposure(any stock suggestions anyone?)

[chopsy] 15/11/2010 16:19

Yes it has but in the US not as much elsewhere. I'm just looking for an entry point again, maybe as winter kicks in it will rise again, though not to a dollar.

[eric gardener] 15/11/2010 15:50

jeeze what the hell happened to this heap yet again?

I'm thinking stick a few grand in an oil or gas etf and make 20% over 4 months and I look at this and then think damn....don't bother.

the actual price of gas doesn't actually look like that hgas chart surely?

I know it's rolling futures etc buty surely gas hasn't taken as much of a beating as this?

[traderabc] 15/11/2010 12:30

Agreed abundance, I sold out of ngas a while back and bought Encana with the somewhat diminished proceeds, it too is going nowhere for now.




I'd like to buy into ngas again, as it seems as cheap as chips.
I really have no doubts that this will be trading at multiples of this price within the next 5 years but the problem is the time decay faced when holding it for the longer term.

[abundance99] 09/11/2010 16:22

Bullish commentary on natural gas. The part on natural gas is towards the bottom:



The key focus is buying when it is weak. This is psychologically difficult to do - so much easier to chase the most recent fad and buy strength. I hold NGAS and believe that, in time, it will be a big winner.

[5benny] 29/10/2010 12:06

Well someone's buying today....

[wow400] 29/10/2010 09:21

Lol!

You'd have thought with a northern hemisphere winter coming up, the only way for the share price is up.

No way I'm putting my money where my mouth is though ;-)

[eric gardener] 28/10/2010 21:28

this just seems like the best way ever to lose money. compared to this 2% in a savings account looks like utter genius

[maty] 28/10/2010 21:01

any ideas how low? what will turn this around in the next 6 months?

[wow400] 22/10/2010 07:45

-In other words - how low can it go :-0

[chopsy] 21/10/2010 18:14

It will be interesting to see if the supplies break out north of the 5 year range in the live chart in the header, over the winter. With prices so low one would think it inevitable, if not then perhaps a modest reversal in the downtrend could be expected.

[937huff26] 21/10/2010 18:00

Gas is used for cooling in electricity generation, dollar is not rising and price is still falling

[maty] 18/10/2010 12:03

I am in again, weather changing, dollar rising and easy totrade and all that!

My guess is they are trying to get it so chaep that industry starts to change its energy supply but when it does who knows?

gas in USA a fraction of the price than uk

[937huff26] 17/10/2010 21:50

Hmmm US economy looking shaky with new round of QE coming, underground storage levels high, gas rig levels very high and i have been thinking this was the bottom for the last 8 weeks.

Best of luck if you go for it but catching a falling knife and all that.

Bottom has to be somewhere though

[dawntrader] 15/10/2010 16:30

hmmm I think I will buy into this.

1. Weak Dollar against Sterling means an up tick in dollar should help.
2. Any cold weather should increase demand
3. 2 and any up tick in production of goods would increase demand.

Thoughts... but just seems a place to be as this looks somethink like at a bottom with potentially more upside that other parts of the market in general ... ??

[praipus] 08/10/2010 16:46

Is there an ETF for european Gas?