Picking NatGas BottomWhile I speculate that the bottom has been reached, the media speculates about another potential decline in NatGas prices.
Some expect a price crash to as low as €10: MET Group - www.bloomberg.com
Socionomics is a somewhat obscure idea, and those who have heard of it tend to dismiss it as pseudoscience (which, at this point, may be analogous to how the true science was perceived during the Inquisition era). Additionally, socionomics teaches us that the general public rarely notices market peaks and troughs. Rare occasions of excellent possibilities are governed by uncertainty and dread. Of course, there is no assurance that such a moment is coming up now. I just so happen to note that while headlines perfectly echo what I read in books about social behavior when market waves break, my analysis signals to a probable reversal.
You can find the longer term chart on my website.
