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To: palmer
My feeling is that natural gas isn’t going to go below $4. To me that is real energy, oil prices are more political.

The libs do seem to hate oil more than gas.

19 posted on 02/19/2009 4:09:46 AM PST by rhombus
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To: rhombus

It was interesting at the peak last summer. Gas got dragged up along with oil since it can be a subsitute of sorts. Then gas petered out and started dropping, but oil went back up for one last double top. That divergence told me that oil was manipulated (if that wasn’t already obvious with Iranian saber rattling, etc). The last little oil bump in early Jan ($50) seemed a little contrived to me and wasn’t confirmed with gas. But now I think both have a chance to put in a real bottom. But FSENX looks good to me now at $28. ANother dip to $25 is certainly possible but if you don’t want to stay up at night watching it, then just move now.


22 posted on 02/19/2009 4:19:10 AM PST by palmer (Cooperating with Obama = helping him extend the depression and implement socialism.)
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