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Category: Stocks

Dead Cat Bounce Concern in Economy.

Posted May 27, 2009 at 12:13 pm by Abacus

A memorial day short would have paid off if got out early enough yesterday. I felt like it would. Still, I am wary of the fundementals in oil right now. The Dollar is giving it a boost, and so is China. 

I can’t help but take my eye off Natural Gas. It just seems to cheap right now. A rig slow down should prop it up with cooling demands over the summer. My only concern? Another break down in equity markets.
I am going to start eyeing NG ETF’s for a 2-4 month hold. 
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