COTs Timer: Natural Gas Hits COTs Timer Stop (Though Not HNU)

Thursday 24 July 2008

Natural Gas Hits COTs Timer Stop (Though Not HNU)

Yikes. Natural gas did another nosedive today and has just taken out the stop I described in a blog post earlier this week. (See here.) Due to the mysteries of leveraged ETFs, my HNU Horizons BetaPro position is still holding above the stop level, so I'm still holding on to it.

TAGS: ProShares, natural gas, Horizons BetaPro, HNU, COT, Commitments of Traders, market timing, trading system development, CFTC, Commodity Futures Trading Commission, COTs Timer

2 comments:

Anonymous said...: Interestingly, the Ontario Gov approved the rate hike for the Gas companies to charge at start of July... I wonder if they'll reduce it now after Nat Gas did a massive 30% drop.

Rgds.
Pete; 24 July 2008 at 11:48
Alex Roslin said...: Hi Pete,

Good question. Interestingly, U.S. natural gas does have favourable seasonality from the end of July to the end of October, while Alberta natgas has good seasonality from the end of July to the end of December.

Regards,
Alex; 24 July 2008 at 12:25

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I am an active trader and award-winning investigative journalist based in Lac Brome in Quebec's Eastern Townships, just outside Montreal. I have written about investing and business for The Montreal Gazette, Investor's Digest of Canada, Technical Analysis of Stocks & Commodities, Futures & Options Trader, The Financial Post and others. I am not a certified financial advisor and am still refining my COTs Timer system. Please see more disclaimer information below. See my complete profile at the "Intro to COT" link above.

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