Comments on: Natural Gas to Follow in the Footsteps of Crude Oil http://www.thedailytradingreport.com/2009/06/15/natural-gas-to-follow-in-the-footsteps-of-crude-oil/?utm_source=rss&utm_medium=rss&utm_campaign=natural-gas-to-follow-in-the-footsteps-of-crude-oil We love the smell of profits in the morning Sat, 19 Jun 2010 00:49:35 +0000 hourly 1 http://wordpress.org/?v=3.0 By: Anthony Leone http://www.thedailytradingreport.com/2009/06/15/natural-gas-to-follow-in-the-footsteps-of-crude-oil/comment-page-1/#comment-59 Anthony Leone Tue, 16 Jun 2009 02:38:09 +0000 http://www.thedailytradingreport.com/2009/06/15/natural-gas-to-follow-in-the-footsteps-of-crude-oil/#comment-59 What if it's so basic we overlook the timing of a few confluences coming together that just makes sense for big money to shift out of oil into nat gas because it cheap and ha snothing to do with fundamentals because a consequence of this is they know the added incentive is to run off the bears by the mere size of the shift. I know I don't have access to information big players do but if oil was the safe haven over gold if dollar tanks then moving into gas means something else to me exactly because it was timed with the fanatic election in Iran wild card. IOWs to the untrained trader making a superficial assessment equating the political situation with oil supply disruption may as usual be confounded by the reality Iran may dump oil if things escalate like Saddam did as he felt threatened from the outside. NK isn't helping so its really tough call. The last fundamental bit I got off Stwits is Nautral gas is abundant in USA blah blah blah- so what it is strategically secure isnt it? Like Treasuries were up today as money shifts into risk averse assets I believe the same for Nat Gas. What if it’s so basic we overlook the timing of a few confluences coming together that just makes sense for big money to shift out of oil into nat gas because it cheap and ha snothing to do with fundamentals because a consequence of this is they know the added incentive is to run off the bears by the mere size of the shift.

I know I don’t have access to information big players do but if oil was the safe haven over gold if dollar tanks then moving into gas means something else to me exactly because it was timed with the fanatic election in Iran wild card.

IOWs to the untrained trader making a superficial assessment equating the political situation with oil supply disruption may as usual be confounded by the reality Iran may dump oil if things escalate like Saddam did as he felt threatened from the outside. NK isn’t helping so its really tough call.

The last fundamental bit I got off Stwits is Nautral gas is abundant in USA blah blah blah- so what it is strategically secure isnt it?

Like Treasuries were up today as money shifts into risk averse assets I believe the same for Nat Gas.

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