Wednesday, September 23, 2009
UPDATE: NATGAS 4 Weeks Later
Just about 4 weeks ago, I posted (~link to post~) that Natural Gas stocks looked attractive and relative to crude oil stocks...very cheap. Matter of fact the Crude OIl to Natgas ratio was at an extreme reading of 22:1 and has in just 4 weeks pulled in to the 15 level. With winter approaching the build in natgas should work off if we see a colder than normal season. EIA report link
Although I didn't place the NatGas stocks into the Itz Pix Portfolio, they are nicely from my suggestion on August 28th!
*click on charts to expand image