Natural Gas is bubbling up (at last) but is this it?

Some thoughts on natural gas futures. Yes, I have at last some buy “signals” but we’ve seen this before during the past few May through June periods of the last few years. It hasn’t been since late summer 2007 to early 2008, that we’ve been witness to any sustained period of price increases. It’s not a mystery that everyone is calling for a bottom in prices. I won’t do that. Prices dictate actions, and that would mean buying. But being human, and with a affection for retaining trading equity and keeping one’s “powder” dry, I would recommend a light, “toe in the water”, approach. More on this to follow this weekend.

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