blanco-dee

The Definitive Guide to Natural Gas ETFs: Natural Gas ETF Investing 101

I see that the fundamentals of supply and demand don't work in today's futures market, and when an ETF for a commodity (which is supposed to be a "simple" way for investors to get a piece of the action) gets this complex it is probably best to avoid it.

Thanks for explaining how this ETF works, even though I can understand it I just can't handle the current situation - when October 9 US nat gas storage is at 3,716 bcf, and total storage is something like 3,899 bcf, (from the eia.doe.gov site), and NOAA just came out with its weather models showing a "less than freezin' our tails off" prediction for most of the US this winter, well, I'll sit on the sidelines until the futures market comes to its senses. Nat gas following overpriced and abundant oil, its all just a bit much.

Fortunately for the oil futures market the Nigerian rebels (MEND) say the truce is over at midnight, and they're going to start attacking oil facilities again. And what happens??? Whatyya bet refineries go up! Makes no sense at all, regardless of the crack spread.

I see dangerous trading waters in the near term, fine for traders with fast reflexes I suppose,

BDO