elipsemaster

Natural Gas Continues to Head Lower

You say it is getting near the bottom of its downtrend. How do you know this?
With the shale plays producing so much gas, the economy sputtering, many of the nat gas drillers over leveraged forcing them to continue drilling even though it makes no sense for them to do so because of debt service, how can you predict the bottom? What's to stop gas from going to 3?
All we know for certain is the trend. And the trend is down.