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eagle1003

eagle1003
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  • Is A Spike In Natural Gas Price Imminent? [View article]
    I am continuing to put on long positions. I see a major spike in the cards sometime within the next 6 to 8 weeks.
    Apr 15 02:55 PM | Likes Like |Link to Comment
  • Potential For 'Very High' Natural Gas Spikes This Year, Says Energy Analyst [View article]
    Notexactly: Profitable at $1.50? Hmm... care to share the source of that information? Fracked wells are NOT low cost producers.
    Apr 11 09:35 PM | Likes Like |Link to Comment
  • Potential For 'Very High' Natural Gas Spikes This Year, Says Energy Analyst [View article]
    The natural gas companies are saddled with heavy debt loads and getting lousy prices for their product so it should be no mystery why share prices have not been robust.
    Apr 11 12:46 AM | Likes Like |Link to Comment
  • Natural Gas Spikes On Weak Inventory Build, Poised For Move To $5 [View article]
    A move up to $5 would not be a spike...were almost there already. Watch how the shorts get beat up as NG heads for $6-$7 range in a big hurry. April is always a very bad month to be shorting NG.

    It is a mystery to me why anyone would consider shorting NG, given the very low storage levels. I guess someone has to be on the wrong side of every trade. The supply glut is irrelevant if the producers are unable (or unwilling at current prices) to inject at much higher levels.
    Apr 11 12:28 AM | 1 Like Like |Link to Comment
  • The Words Go Round And Round [View article]
    Kevin, thanks for another excellent article. I am short the overall market but don't plan to stay short waiting for the big crash. I don't think the bull market is over yet but a correction of at least 10% is long overdue.
    Apr 10 02:53 PM | Likes Like |Link to Comment
  • Are You Prepared For A Bull Market That Will Shock Even The Most Ardent Goldbugs? [View article]
    "Mind blowing"?? When ever I read one of these tabloid type speculative articles in a forum such as SA, I immediately want to sell any gold holdings I have.
    Apr 10 10:24 AM | 5 Likes Like |Link to Comment
  • The Increase In Volatility Spells Trouble For The Market [View article]
    Good article and wise words. I agree that we are not quite ready for bear market. That said, it's not an easy call. I am still expecting a correction but the way this market has been behaving over the past year, a correction of 10% or more may never occur. before we reach the absolute 'top'. I remain net short the overall market, being long only coals, some oils and a few junior golds.
    Apr 9 03:22 PM | Likes Like |Link to Comment
  • Can Gold Drop Below $1000? [View article]
    A lot of money poured into gold mining stocks earlier this year and it went into a broad range of equities, including the penny stocks. Something is up with that. I am starting to nibble at some of the juniors once again. A dramatic sell off would be nice for better prices, but I wouldn't be so sure of that happening.
    Apr 7 02:44 PM | Likes Like |Link to Comment
  • What's Next For Natural Gas? [View article]
    Inventories at a low level, rig count falling....I think I would rather be long than short natural gas.
    Apr 7 09:15 AM | Likes Like |Link to Comment
  • Putin And Yellen Support The SPDR Gold Trust Outlook [View article]
    Markos: Gold is going nowhere, despite your best efforts to talk it up. Your intense focus on Russia has caused you to seriously over estimate what effect the Crimea annexation would have on world stock markets as well as the gold market. The effect was short lived and has been already forgotten by investors. Get over it. Also, you may wish to rethink what you believe drives gold. It should be clear, by now, that you are on the wrong track.
    BTW, S&P hit a new high today, I was expecting a correction, you saw an imminent crash coming, we are both wrong on that one. That said, I think I will keep my shorts and perhaps add to them if the S&P breaches the 1900 level.
    Apr 1 11:45 AM | 4 Likes Like |Link to Comment
  • Brent-WTI Price Gap Closing As Cushing Inventories Fall Back To Earth After 6 Years [View article]
    How are shipping costs factored in? Anyone have any idea what it would cost on a per barrel basis, to ship oil from the Middle East?
    Mar 31 09:39 PM | Likes Like |Link to Comment
  • Rates Up, Fear Down: Washington Crossing Advisors Say 'Stay Away From Gold' [View article]
    Ninja: Your snide personal attacks are really quite distasteful and tedious. If you don't have something of genuine value to add to the subject of the article, why don't you take off to another forum that might be more tolerant of your childlike commentary? BTW, there is nothing ludicrous about the possibility that gold could fall to $700 from this point anymore than it was 'ludicrous' to make a call for $1200 gold when it was at $1900 back in 2011. What about natural gas' decline from nearly $16 to $1.90 six years later? Was sliver's fall from $50 to $19 too 'ludicrous' to envision also? You have obviously learned nothing from gold's brutal decline.
    Mar 31 01:40 PM | Likes Like |Link to Comment
  • Silver Should Rally, But Can Then Drop As Low As $14 [View article]
    AVI: Good point about Prechter. Once greatly respected, his downfall was caused by his own hand. He became addicted to fame and thought that 'sticking to his guns' on market calls was the best way to keep his following happy rather than risk perceived as a 'flip-flopper'. In other words, he stopped adapting to market conditions which is a sure fire way to get on the wrong side of a trade for a very long time. The man no longer has any credibility.
    Mar 31 01:24 PM | Likes Like |Link to Comment
  • Is It Time To Short Stocks? [View article]
    Being net short right now, and given that Cam's "inner trader" is one of my favorite contrary indicators, it is encouraging to see him express hesitation about shorting the market even after he himself lists a number of warning signs. It is also note worthy to see so many commentators are sure that the 'top' is down the road. Maybe it is, but I am counting on a significant correction to occur before that happens. I will continue to add to my shorts on rallies.
    Mar 31 01:04 PM | Likes Like |Link to Comment
  • Is Natural Gas Reheating? [View article]
    The common theme amongst commentators is that because winter is almost over, NG prices are most certainly going to fall. Very logical but it doesn't always work out that way. Here are the facts: Natural gas prices, on a seasonal basis, tend to move higher during the April through mid June period. (http://bit.ly/1gHIl9R) We have a storage level that is now nearly 50% below the five year average. Producers are continuing to reduce the number of active gas dedicated rigs. I like this combination. This could prove to be a great time to be long NG.
    Mar 31 11:51 AM | 1 Like Like |Link to Comment
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