Market Watch with Tom Waitt

June_27th_2012.mp3 Natural Gas    In the last 2 months despite media reports of a bankrupt Greece and the suggested complete melt down of the euro zone along with rising tensions over Iranian nuclear development and Syrian suppression of another Arab spring, something interesting happened.   Natural Gas (Click For Larger Picture) Markets have always moved on emotions, usually FEAR & GREED, but over the last 3 years it has been desperation, panic, despondency, depression, disgust and doubt. Many market participants have dug in cutting usual volumes in half. Over the last two months an important harbinger has occurred. Natural Gas prices have risen 55%. From a low of 1.90 on April 20th we traded 2.95 this morning. The use of Natural Gas and realization of a growing market is key for the industry which has been decimated over the last few years. This turn may be a harbinger of better times ahead. Market shifts are a leading indicator for the economy. There are many opportunities