Make a call, Take a position

Do you know how you see price charts after the move has already happened. Financial media journalists are particularly good at that.

I remain critical of them because I just wish they would publicly make a call, form a view or take a position rather than always reporting things after the fact and acting as if they predicted it.

Below is my April 30, 2021 call that Natural Gas prices were on the verge of the ‘mother of all breakouts’.

Upon breaking above $3.03 mentioned in the article, they are now $6.25.
Part of the position was sold at $4.07.
It’s now time to sell the rest.

October 6, 2021
by Rob Zdravevski
rob@karriasset.com.au

One Response to Make a call, Take a position

  1. The timing was uncanny, Natural Gas prices fell 10% overnight.

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