8, 2002; Six-Year Natural Gas Futures Continue Positive Trend
investors accustomed to watching 200 day moving averages the natural gas chart
below may appear to be expressing a strong trend. Six-year quotes have been available widely only since Enron's
more secretive trading business collapsed last December.
As a result the moving average measures 3-year futures before then.
The closer one looks to the right hand side of the chart the more
consistent the comparison. The pattern is similar for Light Sweet Crude Oil.