Maalox Moment

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By far the greatest use of a sine wave I’ve ever done in charting was the one for the long-term natural gas continuous contract (how often have you heard THOSE words at a cocktail party?)

I didn’t take advantage of my crystal-clear insight, but I hope some of you did. In spite of every analyst on the planet saying how smart it would be to go long gas (the war, Europe chilly winter, etc. etc.) I stood alone in my bearishness (as usual). It’s been an historic train wreck for the entire market. Booyah!