Wednesday, March 7, 2012

Natural Gas: Here Let Me Fix that Headline for You

Via a reader:
Natural Gas Plummets to hit Bottom at 2.36.. Called by
-Sacramento Bee, March 6, 2012
Futures are currently (Mar. 7) trading at $2.315, down another 1.75%.

If you click through you'll see that it is actually a press release rather than a news story, something we're seeing more and more of as newspaper economics continue to deteriorate.
I've no idea who FXEmpire is but do know that calling bottoms is silly unless you've rigged the market.

Read more here: