Buying Natural Gas At 2.5000

Wednesday, October 14, 2009

I am buying Natural Gas Futures at 2.500. This is the most oversold market I have ever seen and I always get a big bang when I am able to buck such trend.

I am probably betting a bit more then I should but I am expecting a big rebound at any time now. I have to admit that my heart is racing but that is probably a sign that the market is about to reverse.

This futures expires in September 28th and between now and then I should be able to close it with a decent profit.


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