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Category: Uncategorized

Pressure

Posted May 22, 2009 at 2:10 pm by Abacus

Natural Gas is so incredibly low right now. I think a minimum of a 30% gain by Christmas is absolutely feasible. 

Oil is to high. For the short term at least. It will come down. The only short term support that I can see is a declining dollar. I would be buying oil and metals simply as a hedge against the dollar. Long term Oil has a lot of upside. Production is coming down fast. 
I wouldn’t take a long term gas position, just get in there now and get out before February. There should be enough upward pressure.
It's very calm over here, why not leave a comment?

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