Markets Index Nat.Gas. $7.52 up+0.01
It's been a while since I reported on this subject, only because it has not been very active due mainly, to the departing of the hedge funds that thought they could own the world of Nat.Gas, by buying every future contract in sight only to relies in the end of the spike price there was no buyers in sight. Like the rise and fall of the Roman Empire. Now they have learnt their lessons they have departed in bankruptcy. Yet another Enron case of "go for broke". Last report was Feb.26th, then at $7.70, so down $0.50 in seven weeks and not much to write about that. In that report, my forecast target was given as $8.13and it hit $8.03 missing by just $0.10. A pity, back to the drawing board. Bar chart below is very bullish and is just about to breakout for a run to my second target of $9.31 due in June. Lines of math and geometry give a target of $10.10. I shall remain on duty here, and inform you when the run begins. Now that Nat.Gas has settled down, there is a good chance the price will return to tracking the price of Crud Oil based on the BTU value. Both point and figure charts have returned to the same pattern, take a looky-C.
Crude Oil closed at $64.27 and Gold at $678.
The US Dollar at 82.71 continues weak and heading for my target of 81 given to you in January and that foecast remains.
Charlton Capital Ltd. 618 'an away you go.

http://stockcharts.com/h-sc/ui?s=$NATGAS&p=D&yr=2&mn=0&dy=0&id=p18901039847