Posted 17 November 2009 - 11:50 AM
If natural gas has an 11 week cycle low due here, it is worth the trade. This is no different than the 11 week cycle on crude (seems offset thought from NG). I had that Sept. crude low to the day and didn't stick with it. So if natural gas is putting in an 11 week low, I have to go with it irrespective of what other markets are doing. That was my mistake with the late Sept. low in crude. I was worried about the general market when I should have been focusing on the USO trade. And what happens? Crude runs from 68 to 82.
"By the Law of Periodical Repetition, everything which has happened once must happen again and again and again-and not capriciously, but at regular periods, and each thing in its own period, not another's, and each obeying its own law ..." - Mark Twain