Afamiii

Why Natural Gas ETF Has Resumed Its Climb

I'm yet to meet anyone who can consistently predict a market bottom. Even though, even I can predict it with hindsight.

What I can say with confidence is that Gas prices are currently below marginal cost for a majority of producers. And shutdowns will continue until prices are above $5.00 and by then there will be insufficient supply (whether or not their is an economic recovery, cold winter or hurricane Batty - of which nobody can accurately predict) at which point prices will over correct on the upside. When will this happen? Who knows, just keep your eyes on the market and you will know after it has happened.