I thought you meant "stacks" - as in chip stacks, since my "gut shot (strait)" comment.
Natural gas @ 8.21 right now. Looking good P.quote:
Originally posted by Pablo:
12% is a high target. Let's hope Olde Mopar Guy gets there!!!
Money is funny stuff. The saying goes: "It takes money to make money" - true for sure, in a bent way (as an aside some use this as an excuse). But then you reach some point where you might say "I can't get all my money moving in the right direction at the same time!"
Anyone see natural gas futures today?
Talk on some of the forums is that at the current price of ng, oil should be somewhere around $55-$60. Various analysts are saying that the terror premium on oil is ~$20. Talk today on the runup on ng was because of high electricity use because of the hot weather. apparently there are a number of utilities that burn ng to generate electricity.quote:
Originally posted by Pablo:
I think it came back down off it's highs at the close. Who is the big guy with all the NG reserves - or is crude oil just just overpriced?
On a different tact - those of you seeing the NASDAQ dive headlines and wondering what to do about that, check these two out:
RZG
PZJ
they are ETF's.
Side note: jump on some PPRquote:
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