Monday, July 13, 2009

Poor Poor Natty

Demand has gone Absent without leave(AWOL)
Supply has recent breakthroughs and Industry pro's out of Colorado
say us Wall Street types have a complete disconnect when it comes to Natural Gas pricing and our bullish attitude towards the commodity.
Things change and need to countrywide and worldwide for that matter. And Natty could play a major role in that transition so I applaud the optimism here.
Maybe we are looking through Rose colored glasses when it comes down to the natural gasses
And we might be able to pick up the last 75 cents of downside that could possibly be left

There are a couple things that could occur quickly and one of them is a switch to natty instead of coal to generate electricity to our rail system that would help but really with all the supply
and no demand this will almost assuredly break its lows no matter what happens to the market

Im inclined to wait and buy in the two's when it happens so I guess I do see it lower.












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