Mon 11 Sep 2006
No, not the natty light, but rather natural gas is under $5.50 this morning in trading… that hasn’t happend in over a year and a half.
The trend is a trend until it ends (and the trend is down), but I like the value in buying natural gas this cheaply. According to the conventional wisdom, natural gas tends to bottom in September before the winter heating season starts… it might be worth keeping an eye on the price of natural gas to watch for a breakout to the upside…
September 11th, 2006 at 8:33 am
Then, of course, gold is under $600 / ounce!
September 12th, 2006 at 7:58 am
This is an interesting reminder that the energy market has other players, since all eyes in the popular media have been on crude.