Thursday, March 8, 2012

NG update


Only 2 positive days out of 14 recent days. I'm definitely on the wrong side. Sure, it'll bounce some day, but if I were smarter, I would have taken advantage of this down move first before buying it. I feel quite dumb to say the least.

As winter seems to be over, we're into stock-building season again. People are not talking about storage being over-capacity. In other words, there's just too much gas and they can't store gas they collect. What do they do in this case? You'd think not to collect, but from what I hear, they dump and keep pumping new gas.

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