Crude oil nat gas peak?

I like KWK for the Nat. Gas play. I expect gas to rise more this winter.

well for oild its DUG - But I whould not even think about shorting any commodity, tooo many reasons on the BID side


Cheers

I did buy some Apple out of the money puts yesterday


.AAPL Apr 2010 195.0000 put

This move from google onto the phone market looks very intresting.

Time will tell


Cheers!

Taker212 i am sure aapl puts paid today.

KWK looks with good support for now.
Guliamo thanks for informing on KWK.
I think UNG and crude are ready for a new up move probably from 14th.
For now they appear to be consolidating.

i think of natural gas as silver is to gold. its sort of the redheaded stepchild that gets nothing but abuse. I think silver has more value than gold and gas is more valuable than oil for a variety of reasons. Its also cleaner burning and more abundant domestically.

i dont go in for commodities either, but only because i think they move too slowly and i dont like levered etfs.

Thats a funny analogy Ellkell.
Commodities are in reality easier to follow than most stocks because the fundamentals are crystal clear.
I agree that silver is a more useful metal than "gold" which is like a model wife of plastic that has no brain. Silver is the real hard working loyal wife:)

Ngas was never really a commodity until it has become a "commodity" it was like water just about a few decades ago.

With this cold weather, don't expect gas to slow down for now anyway.

With respect to metals - what about Platinum - far more valuable industrially, and even more rare.

Last thought - AAPL vs. GOOG - they both get damaged, so puts might not be bad here.

Hey Guys.... I'm up a lil on my puts but i'm still out of the money. My trade outlook on Apple;

1st - Competition; There has not really been ANY REAL competition on Iphone till now so naturally we may have a pull back.
2nd - Between now and April I think we will have a pull back in the market in general as all the window dressing from funds fades out & Tax Time ;)


Cheers!

BAD NUMBERS TODAY...... SHOULD BE A FUN DAY

I have questions about fundamentals. the title of this thread uses the word "Peak oil" which I assume refers to peaks in the charting so many of you use. If one were inclined to time the market or day trade this would likely be valuable information. But what of supply peak? If a fraction of the real science and research I see is true then there will be scarcity in the supply of these natural resources and so the trend becomes more valuable to wealth creation than does timing the in and out of riding this wave, does it not?

My greatest appreciation of MG is that we little people with lives and little time can eliminate the broker and Series 7 agent and compile information at our leisure, but we are still at the mercy of pundits and politicians whom affect the realtime numbers presented at MG. there is no way to Chart the average MG account vs the wall street professional. so this medium becomes yet another source, albeit sophisticated, but just another source for ego's to rise. ie: "Follow me to profits"
I understand "Peak oil" to be a concept of supply meaning our planet has reached the peak in productivity and it is all down hill from here {barring some new find,yet undiscovered field}. so if scarcity is a certainty then price will inevitably rise over the long term and the race becomes who can make more before it is gone?

I greatly appreciate the candid remarks many make in these forums, it is invaluable information not just for improving our charting abilities, but about the trends in our groups.
Where is John Galt?
Fah~Que

AS you point out, it's not so much peak oil as "peak-easily extractable-oil" There is a #(### load of oil in the ground, underwater, in tarsands, etc. The number you want to look at is cost to extract/barrel. (Saudi's are around $3-5 on their biggest and most accessible wells.)

The issue then becomes substitutes - my favorites: nuclear then wave power. And your comparable metric then is cost/KWh where nuclear is somehwere around $0.02 US - note that the Chinese have somewhere between 50-100 massive nuclear powerplants in their pipeline - their cost per kwh is projected to be under $0.01 when its all done - do you think that will provide a massive competitive advantage? Oh yeah.

While we can use the title PEAK OIL but I used here in my short term view of a week. However we are overall dealing with Peak Oil concept too in a way for not only the mineral deposits depletion BUT also the change of life style, automobile sales gone down worldwide except India China and absolutely unprecedented interest in alternatives.

We are working as a collective on alternative means to fuel cars and even electric grid and no wonder OIL's importance is peaking and we must know that past is behind. We are entering into a new time period or rather age and OIL and even usage of gas will be an outdated phenomenon.

I foresee no future for OIL in 10 years.
Coming back to my short term view oil and NGas are both bullish on medium term of a few months.

Fah,
With all due respect

Intelligence defined;
the ability to comprehend; to understand and profit from experience.

I can tell that you have lost money with a broker, but for every LOSER, there’s a WINNER.I was a Series 7 Broker for many years and I’m going back into the biz. As a broker we share ideas that may have the potential to make money, at that point the client has to decide i.e. Choice to buy or sell.

MG is only a source of information, just like your Broker. If you make the decision to BUY or SELL something on a source of Information it’s your CHOICE. When any person states a negative comments on a WHOLE industry based on an individual bad experience it shows lack of intelligence.

Cheers

I agree taker212.
Experience of financial markets is great only if we go with the markets. I know many experienced guys always losing money and they are supposed to be fundamental analysts of repute.
Whereas i am a learner of only 2 years trying to learn the markets fundamentals using pure technical analysis and I find that even if we have the perfect setup but we may still lose due to our inflexible bias or poor execution.
For example I was making money on options but due to my very poor execution style I lost most of my portfolio.
Now after 2 years of losing I realized and I am working on my execution and I am more a short term trader.
I try never to convert my day trade into an investment now.

Anyways crude oil and natural gas which I reported 2 days ago, is bearish and may be so for next 2/3 trading days.