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Category: Investment, Natural Gas
Positive News for Natural Gas and Oil: Leverage Party Appears Over for Hedge Funds
January 21, 2010
Mr. Miller made the call on January 21, 2010; leverage is being pulled across the board from Hedge Funds. The exit doors are crowded, and expect major negative ramifications for hedge funds.
Mr. Miller gave the Hedge Funds a full 24 hour notice that this was coming in the analysis below. Unfortunately, as Mr. Miller details, the exit doors are crowed.This is positive news for the Energy market, as it will remove the excessive speculation and short selling which distorts the financial prices and liquidity of the oil, natural gas, and other energy commodities.
Mr. Miller expects to see major short covering over as credit books are reigned in across the board.
See Mr. Miller's Full Analysis at attached link:
http://seekingalpha.com/instablog/522236-karl-w-miller/44714-natural-gas-and-oil-a-closer-look-at-what-risks-the-short-sellers-face
Disclosure: Long Energy Companies
Mr. Millers Office
Disclaimer:
This column, Energy Commentary from Karl Miller, is the opinion of Karl Miller.
Content found in the articles is subject to the terms found in the InvestorIdeas.com disclaimer and does not represent a recommendation of investment advice. Investors should seek the advice of a qualified investment professional prior to making any investment decisions.
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