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RE: TIB: Today I Bought (and Sold) - An Investors Journal #459 - Gold Mining, Semiconductors, Natural Gas, US Retail
Gold should pull back again at some point before going higher. I was wondering why you went long Natural Gas, but I see you are playing the support and trend line break.
I have a long standing position of 75 shares. I rounded it up and will write covered calls. The bottoming shape of the chart was the trigger and the seasonality profile. A classic charting idea. The fundamentals of gas supply are a big worry - it will turn as the pressure on coal power grows to push electricity supply across to gas.