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Out 5.29 looking for another entry.
only if your in long. Play it by day scalp what and when you can and walk away with a smile. Play it up play it down and look for something else when it goes flat.
gl.
up some again today.
Boy I am glad I was out of this yesterday before close. Will look for a new lower entry point, if it stops dropping.
reading on Benzinga that opec has set "oil output ceiling at 31.5M barrels/day"
EDIT:
"up from 30M Barrels/Day"
I wonder if this spike could be an indication of what direction it could go for tomorrow, would be nice.
My wife Bless her heart, states since it obviously isn't getting cold enough out there for everyone to be using the NG heating, maybe I should be looking at investing in bikinis for the near term... lol lol. No wonder I married her, good sense of humor.
why the jump today?
This might be of interest to people if it works. OPEC live web cast for tomorrow.
http://www.opec.org/opec_web/en/multimedia/349.htm
Seems to be having a problem getting past 6.07,
Will be watching Aft and PM for sure but content to sit until Friday scalping when able, the OPEC meeting, I've seen it posted for 07:00 can anyone confirm and is that ET or GMT. Would make a bit of a dif.
LOL should have worded it better I guess. (But if it got a laugh then good for the day.)
Going to hang my mouse up for now and watch the slow sto and rsi wilder for some indication.
gl all.
Damn just got back, Was in at 6.50 second time today, but got out when it went to 6.44, now it is 6.17... shake my head and tiptoe away.
Atlanta Fed Pres. Lockhart Suggesting Fed has achieved criteria to further improve labor markets before hiking rates.
Out 6.80 back in 6.50
Are we still expecting a draw on this report today.
Is there some kind of news out to push this up.
Where do you think it will get to.
Starting to wonder if this can get back up to 7.00 before 04th.
Here's a thought, if we weren't trying to invest or are invested in NG, we would be cheering right about now hoping for even warmer weather. ( unless you are into winter sports.) Hope for one and curse the other. Yes it looks like down but not liking what it may cause so I hope for a short drop on a very tight bungee cord that snaps after taking off up. Well enough egg nog for now see you all in the PM.
EDIT:
NG closed Friday at 2.226 (Ugaz 2.58) NG. now at 2.201
could be another drop coming for sure. Hope not too bad. Thanks for the info, it is appreciated.
True however someone has to make the decision when a RS will be done that is what I refer to. I know this is an etn. Question is will a RS take place or will this finally start to go up.
Either case, I haven't been staying in this over the weekend anyway as it seem to always drop. But we are heading into colder weather, so thought on Wed. to stay in as it may have a bounce but no go. over the weekend colder weather but not enough to damage the record huge oversupply so best to save what you have and approach the problem anew on Monday, may find out it is time to walk away until A/C season around what July. At least then people will agree it is warm out. an maybe this will move up.
who knows.
gl all.
EDIT:
Looks like we have all ready signaled the 2.40's to get ready.
( you know the "make ready were coming to visit on our way thru" :>)
It already negated the pre-split, we were down here before thinking it was the bottom and going up. low and behold they dropped it and RS, they most likely thought winter coming they only need to do a 5-1 split now looks like 10-1 but with warmer winter who knows. I hope it doesn't become another RS but we are to close now not to consider that. Could happen not sure by end of Dec or if it has to be longer notification been a long time since I played the pennies.
Boy someone is trying to knock this down over 500,000 sell 2.50 looks like.
If they put UGAZ under 2.00 it would be another RS. Last one went at 1.80 we are .72 away.
Looks like a lot of people started holidays yesterday and won't be back till Monday, this is a typical Friday with only 1/2 day trading so it is down. Hard to say if it will be up Monday or even worse than today. But not a good day to trade today so far.
Nice, NG closed at 2.284 and is now 2.313. up .029 a nice sight (start) hopefully up, let see if it can hold over night and PM.
Have a good night see you all in the PM.
gl.
I am getting a msg about some fed reserve mtg, at 10:30 CT anyone know anything> 7 min.
Edit:
sorry 11:30 ET 10:30 CT.
Thanks appreciated, I am back in, a few more shares, close to same price I exited on Friday. Now hoping it goes up and not down. Weather should be telling people have furnaces on but I guess the amount in storage is still playing on peoples minds. Still hoping.
Well are we finished dropping or do we still need to go down, looks like we hit 2.043 or so premarket? any thoughts.
Now I am drooling, will be buying back in then more shares. I hope it is down and fills that gap I really want this to go up.
GL
I am out will look at pre on Monday may also say scrap this and try uwti of a couple of hits. See where this is later in the week if it is lower more shares, if higher will deal with it then.
Good luck to all and have a good weekend I won't say stay warm as obviously it is warm as can be out there. LOL
My white beach here is not made of sand if you get my "drift". LOl
Last few Mondays seem to be down.
LOl I think I will get out and watch Monday pre. can get back in later.
gl
anyone holding I am thinking of getting out.