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Oct

31

Adding a bit of NGS

October 31, 2007 | Leave a Comment

This morning I added a small position in NGS at $18.52. I stated yesterday that I thought we were seeing interesting signs from the natural gas market, and today we saw even more interesting action as natural gas surged in parallel with oil in the wake of a bullish oil inventory report. What I found particularly interesting here was the fact that natgas breeched the technically significant $8.25 mark twice so far today. Although it remains to […]

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