NYMEX_MINI:QG1!   E-mini Natural Gas Futures
9. 30. 22 META Is a great example of how the strategy of buying and holding can be very expensive. If I were trading support, I would be long is this stock because it's oversold. On the other hand, it's a market that is giving back 70% of its games from 2013.And the devaluation the dollar is far more then 20% since 2013. This is a simplistic evaluation ignoring splits and dividends e t c. Tesla it's a much stronger stock, even though it's held up it's price very well considering the recent markets, it has made lower lows and lower highs and it is still close to the high. This kind of a pattern we concern me, and I would be very cautious about buying and holding in this market, and I would look for the market to trade lower if we are indeed entering into a depression. Natural Gas futures have corrected 38% to a support area which is a good bubble to go long if you find buyers. But the price is coiling...Which suggests to me that it is not clear for both the buyers and the sellers until the market starts to expand a little bit. In this case it's much better the sit tight market to give you a clue... this means that it has to expand, and this means that the market might make a couple of counter directional news before there is clarity. We will look for it as it happens....will talk about it when something happens. Meta Tstla Natural Gas
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