49 replies to this topic

[johngeorge]

I have no position at this time. GAZ $NATGAS

[stubaby]

I have no position at this time. GAZ $NATGAS

Thanks! Still holding ECA in the "long-term" account - sure has been a wild ride short-term!

http://stockcharts.c...35804129727.png

http://stockcharts.c...1535&r=3728.png

http://stockcharts.c...61002&r=282.png

stubaby

[johngeorge]

stubaby ECA looks to be a substantial winner. Great pick! Speaking of natural gas......... Yesterday I was talking with a customer who works in the power plant of a nearby paper manufacturer. He told me that they were very seriously considering switching from coal to natural gas. The manufacturer's plant manager, in a recent meeting, told the employees that a conversion from coal to natural gas would cost $ 9 million, but, expected the pay back to be in two years, ie, they would save nearly $5 million a year by switching. Very interesting stuff IMO. Thanks, as always, for the great chart work you so generously share. Best to you.

[stubaby]

stubaby

ECA looks to be a substantial winner. Great pick!

Speaking of natural gas......... Yesterday I was talking with a customer who works in the power plant of a nearby paper manufacturer. He told me that they were very seriously considering switching from coal to natural gas. The manufacturer's plant manager, in a recent meeting, told the employees that a conversion from coal to natural gas would cost $ 9 million, but, expected the pay back to be in two years, ie, they would save nearly $5 million a year by switching. Very interesting stuff IMO.

Thanks, as always, for the great chart work you so generously share.

Best to you.

johngeorge:

I was involved in the Energy Industries in the US (one of my past lives) for many years and in the Natural Gas area during the ORDER 436 period, when the pipelines opened-up their "closed" systems to transportation. I suspect there are multiples of your nearby paper mill out there all looking at the same economics - very powerful stuff, when the technicals and the fundamentals begin to align!

http://stockcharts.com/c-sc/sc?s=$NATGAS&p=M&st=1990-01-01&en=2012-12-31&i=p20269776899&a=259871894&r=354.png

stubaby

[senorBS]

stubaby

ECA looks to be a substantial winner. Great pick!

Speaking of natural gas......... Yesterday I was talking with a customer who works in the power plant of a nearby paper manufacturer. He told me that they were very seriously considering switching from coal to natural gas. The manufacturer's plant manager, in a recent meeting, told the employees that a conversion from coal to natural gas would cost $ 9 million, but, expected the pay back to be in two years, ie, they would save nearly $5 million a year by switching. Very interesting stuff IMO.

Thanks, as always, for the great chart work you so generously share.

Best to you.

johngeorge:

I was involved in the Energy Industries in the US (one of my past lives) for many years and in the Natural Gas area during the ORDER 436 period, when the pipelines opened-up their "closed" systems to transportation. I suspect there are multiples of your nearby paper mill out there all looking at the same economics - very powerful stuff, when the technicals and the fundamentals begin to align!

http://stockcharts.com/c-sc/sc?s=$NATGAS&p=M&st=1990-01-01&en=2012-12-31&i=p20269776899&a=259871894&r=354.png

stubaby

amigo, run a crude/ng ratio MONTHLY chart and look at RSI, classic parabolic with RSI topping above the 90 level, this month's downturn could be indicating the parabolic is done and that ratio could crash. Si Eca and most gas producers look like they have bottomed, I've been buying some UPL in past few weeks ad SD as well, SD is oil with a big nat gas kicker)bonus) in some of the huge Pinion acreage they own. SD is my favorite aggressive oil/nat gas play. DYODD as always



Senor

[stubaby]

senorBS:

Massive divergences in UPL - this could "run" a long way before it's through:


http://stockcharts.c...88256&r=352.png

http://stockcharts.c...88292&r=204.png

http://stockcharts.c...8284&r=7860.png

stubaby

[johngeorge]

From KWN: Citibank Analyst Extraordinarily Bullish Gold, Oil & US Dollar

[senorBS]

senorBS:

Massive divergences in UPL - this could "run" a long way before it's through:


http://stockcharts.c...88256&r=352.png

http://stockcharts.c...88292&r=204.png

http://stockcharts.c...8284&r=7860.png

stubaby

si, and this entire grande correction could be one big A-B-C from the 2008 high, and the rally from 1999/2000 does look like a huge cinco up, but 50 would work for this hombre, we live in interesting times

Senor

[dougie]

of course the oil:ng ratio could plummet based on a economic collapse as well

[senorBS]

of course the oil:ng ratio could plummet based on a economic collapse as well

si and the world could end tomorrow

Senor