Forgot to attach.

I panicked last week when it hit $6.25 thinking 6.40 was the bottom range. Almost to the second when I unloaded long the dang thing bounced and left me stranded counting my losses. I’m again averaging down as the fundamentals are biased to the upside with LNG exports starting to ramp up right about now through the first quarter. Freeport is slow to come back online in it’s recovery from June’s fire damage. When LNG exports drop it creates a glut here and a shortage in Europe. Once exports pick up supply for North America tightens thus the price should climb … at that point the only thing that can railroad that scenario would be an unexpected heatwave ending winter early … even a story written by some Green Zombie stooge predicting such a scenario that gets traction could cause a sudden downdraft. I learned not to do options with NatGas … being patient now and sticking with just the leveraged ETF’s BOIL and KOLD … good luck!

I’ve noticed that when the daily Bollinger bands get “pinched”, that once the market hits it, that it tends to “stick” to it and run up or down it. As in mid July and late August. We recently went through a pinched BB and now it looks like it’s on the lower BB after a head fake. So I’m looking for a multi day drop. I can just never pick the bottom though. Hoping to make money on this one, as they don’t happen very often.