Glad...Still glad to be on the sidelines, very much feels similar to summer of 2008, when investors got such a lemmings like attitude and ignored the data.
Europe NG is insane right now. SP 500 is up 15% and news is saying tooo many bulls, bullish frotthness and that get's scary.
Europe injected 17.4 BCF yesterday. At 87% of capacity and another day in July to add to that.
3332 BCF full out of 3847 BCF total. But using all of that 3847 BCF is hard as some countries with small storage have small piplelines.
Europe NG was up 8% today. Copper is up. Stock market is frothy.
I would feel better if oil was up and rest of the market was normal.
Europe is darn close to what they went into winter with last year, only not Nov 1.
Whenever bad data is ignored, in my experience I have seen only pain too follow.