04/11/2012 Live Update

[gappy]

By the Cobra report last night, if buying today, you have the courage of ten lions!

[proteus46]

AH HA!! NOW is the time to buy Natural Gas!

ng drop below 2 for the first time sine 2002.

Natural Gas looks more like a dividend play for the next few years - own the companies that own the pipelines and storage facilities

- in addition to Exxon and Conoco Phillips recent announcement, I think the Marcellus Shale area leasing boom for land owners has seriously stalled

- Below refers to XOM and COP

"The oil majors will start producing natural gas at their Point Thomson development by May 2016, the Wall Street Journal reports. The initial output per day will be 10,000 barrels of natural gas condensate and 200 million cubic feet of natural gas.
While the companies will try to find buyers for the gas by 2016, they also will need to build a new pipeline and a natural-gas-liquefaction terminal to get the gas to market. If buyers aren't found, the amount of natural gas condensate shipped to the existing Trans-Alaska pipeline will increase by 20,000 to 30,000 barrels per day.
The fields are estimated to hold 300 million barrels of oil and 8 trillion cubic feet of natural gas, and the companies' leases date back to 1977, Bloomberg reports."

[Al_Dente]

one min

[TraderGirl]

Bounce....

I would really be interested in how many of you guys/gals are using this bounce to further unload versus how many are buying hanover fist. I don't want to steal Cobra's thunder though. Cobra: perhaps u could take a survey?

Personally I am in the bear camp for the time being.

Looks like a big bounce tomorrow...but it looks sellable....

[Cobra]

Cobra, i'm afraid you'll have to ban trenfollower, you advised no to post inks here to outside content without adding nothing to the forum...

Thanks for reminding me. already did that. It proves that he didn't bother to read any of our comments here so he didn't even know I've told him several times.

[BullBear52x]

I am not going to buy anything today but lighten up the evil side. UUP got something under the table here.

[Cobra]

all i can say is the bias so far is up.

[Al_Dente]

PAGING LT, re allignment
Note how some of the internals are starting to point up bull
And spy may want to catch up here (?)... we'll see....
http://stockcharts.com/h-sc/ui?s=SSO&p= ... =263973310

[gappy]

Too, nat gas is produced when pumping liquids just adding to inventory. In the old days it was just flared off at the well head. No more. ps Almost Beige Book time. GLTA

[BullBear52x]

UNG, a falling knife.

[Cobra]

well, I was just about to say volume surge, so might pullback here, guess the market is faster than me. Also aapl bias is slightly on the downside as it could be a symmetrical triangle here.

[SWalsh]

hopefully not something bad for bulls.

We don't want anything to stop them from having ALL the money so they can make all the rules. No....in fact, let's ban down days!

DEATH today....until they got some stops to run:

[KENA]

Liquidity up date..Still dropping..By stocktiming

liq%20ss.png

thanks kena. this is a very valuable chart. do u have the context? i want to explore further into this field.

The chart is from Stocktiming and they give a small explaination each day.I can post more often if you want.

[SWalsh]

Mr Cobra, what is the difference between blue shading and pinkish shading. I was home sick that day you explained it.

What's with the avatar change?

Is that Sonny Bono?....LOL

[Cobra]

aapl breaks below, not sure if it's real, need wait for a few bars.

[soku]

AH HA!! NOW is the time to buy Natural Gas!

ng drop below 2 for the first time sine 2002.

Natural Gas looks more like a dividend play for the next few years - own the companies that own the pipelines and storage facilities

- in addition to Exxon and Conoco Phillips recent announcement, I think the Marcellus Shale area leasing boom for land owners has seriously stalled

the other day richarab and i had a discussion. i told him i think ng shd go negative. the current administration is using the industry as a job booster and totally ignoring the econ rule of supply and demand. it is just the 1 aftermath of many. $2 is 1 step closer to my target.
explorers cannot make anything out of it. i think they may turn to the current admin to ask for subside to cover the loss. the guy probably will learn from his counterparty in china and do it to make sure the industry is keeping on hiring and push the "real" price of ng to negative.
i think some distributors may benefit, especially those unregulated fixed price ones.
(tbc)

[Cobra]

now the break looks real. the next key to watch is the day low.

[SWalsh]

AH HA!! NOW is the time to buy Natural Gas!

I'd buy sleeping blankets, candles, and matches first. Natural gas can't flow without the power to send it.

[Richarab]

AH HA!! NOW is the time to buy Natural Gas!

ng drop below 2 for the first time sine 2002.

Natural Gas looks more like a dividend play for the next few years - own the companies that own the pipelines and storage facilities

- in addition to Exxon and Conoco Phillips recent announcement, I think the Marcellus Shale area leasing boom for land owners has seriously stalled

the other day richarab and i had a discussion. i told him i think ng shd go negative. the current administration is using the industry as a job booster and totally ignoring the econ rule of supply and demand. it is just the 1 aftermath of many. $2 is 1 step closer to my target.
explorers cannot make anything out of it. i think they may turn to the current admin to ask for subside to cover the loss. the guy probably will learn from his counterparty in china and do it to make sure the industry is keeping on hiring and push the "real" price of ng to negative.
i think some distributors may benefit, especially those unregulated fixed price ones.
(tbc)

i BBQ every night (gas grill) and just bought a honda civic natural gas...

[Cobra]

my wild-est-est-est guess.