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  • Strategy for Volatile Times: Accumulate [View article]
    Marc,

    I would rank this as a "trading"' opportunity, (I like optionsgirl's suggestion for a straddle) but not as any kind of responsible suggestion for a Macro play because the realities of the nat gas supply and demand work against it.

    The North American suppy of producing natural gas has exploded over the past several years, with fields like the Barnett Shale and Haynesville, to name a couple. This is a complete reversal from when capital was spent to build a LNG mooring location in the Atlantic near Maryland. This is why T. Boone and others want Nat Gas cars, and more nat gas electricity generation. Hell, there are still big gas wells in Texas that haven't been hooked up to the feeder network.

    In absence of any speculation pressures, this is a long, slow climb in price that will require the economy to fire back up more fully.
    Jun 12 11:20 am |Rating: +3 0 |Link to Comment
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