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Posted by http://www.mystockpicks.tk on August 27, 2008, 11:38 pm
One of the most volatile (and potentially profitable) commodities is
natural gas. Sure, there is a lot of it out there, but it=92s mostly
waiting to be produced. That means any demand spike can quickly push
up the price of natural gas. And what the Farmer=92s Almanac says about
this winter should perk up your ears.
The Almanac (which is right 80 percent of the time) predicts a cooler
than average winter this year.
So far, it looks like that will be the case. According to the UK
meteorological office, 2008 is 0.1 Celsius cooler than any year since
2000. The main reason is La Nina, a natural cycle that cools the
globe.
What this means is that any commodity used to keep people warm (like
natural gas or heating oil) should see heavy demand this winter. As
people pay to keep warm, they=92ll divert money away from non-
essentials.
The best way to play this is to wait until fall and start buying up
shares of Chesapeake Energy (CHK), which is a natural gas producer and
explorer. As natural gas prices move higher, so should shares of
Chesapeake Energy.
By Charles Delvalle
Posted 27Aug 2008
www.stocktrading.tk
Read free articles on investment ideas www.myinvestmentadvice.info
Disclaimer...The subject matters expressed above is based purely on
technical analysis and personal opinions of the writer. it is not a
solicitation to buy or sell.
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