Is winter over yet? I guess not. It is 29 degrees now and there is 61% chances to snow. Look the 10-day weather forecast, only 4 days are about 40 degrees.
The spring is just around the corner and I just caught a cold due to the temperature changes. That is really nice; I have been all fine and dandy for the entire winter and caught a cold now.
I am a big boy so it's no biggie to have some body discomfort. The really deal is that I am shorting the Natural Gas. If temperature is too low, people will use more natural gas for heating. I don't want the temperature to go to 90 degrees either because a lot of power plants use natural gas to generate electricity. Either way, it consume more natural gas and I will lose money.
I don't think natural gas can maintain the current price in the long run because the Shale gas is abundant in US. Anyway, these natural gas ETFs are not for buy and hold position. Just remember the wall street 101 class "Buy low and sell high", you should be all right. It sounds easy but I would make the same mistakes to buy high and try to sell higher.
Ooh well, nobody is perfect except the commie bitch in my IT department. She made a public statement that she never made mistakes.
WTF, Prima donna has to be always right; it is either her way or high way.