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Message: Natural Gas May Climb to $7, Invest AD Says: Technical Analysis

Re: Natural Gas May Climb to $7, Invest AD Says: Technical Analysis

posted on Oct 15, 2009 07:08AM

Yes BEPPEQ. I think the old support point he talks about is 4.42-4.44. We saw a fall to about this point yesterday and it rebounded, up. Now, I didn't see the buy and sell, but if there is good buying on gasfutures around this point, then this should indicate an up direction and to 5.50(around there, I dont know exact points) and then to 6,50-7. I also read predictions about 6-7$ NG-price(think this was from a bank), so we get the same thing from different sources, fine.

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