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Agreed, all the bad news is out of the way, watch the powers that be start moving this up. Buyers are finally coming to the table again.
Bounce Time! Up we go very soon is my guess. Bought one more lot today at 6.50. Avg is now 7.50 looking for some serious bank when this moves up.
Bought another lot this morning. My avg is not quite where I want it but I have dry powder left to buy more. Waiting to see where this settles out.
Well, I will be selling into strength anyway it goes. NG can do whatever it wants always has. Still, this looks extremely oversold and the sellers will become buyers and this will reverse. I expect at least a return to UGAZ to 8.00 to 8.50.
Yep! Seen this one to many times. I am adding soon after the opening. No way the NG stays down this low very long. Demand will ramp up very fast as cold is settling into the Northeast.
Historically this happens all the time, slam down the PPS and when everyone has given up, bring it roaring back up. I am a net buyer today in UGAZ.
I am doubling down again today. This is likely the bottom based on historical averages and because winter has not even started yet. What a great buying opportunity. Looking to get my average down to about 7.50 which is certainly a safe bet going forward. Buy when everyone is heading to the exits.
Nice! All in the money once this turns. The action today looks bottom like, tomorrow and Thursday will be telling.
You will do fine! Once this turns up 8.00 will be a breeze.. I am currently at 8.20.
Would love to see 3.20. Would take some very cold weather to get down that low. It needs to happen soon because this trades in the future. January is expected to be normal cold to very cold in 2018. Should run heading into January starting soon is my guess.
Bought another lot of 500 shares at 7.46. My avg is now 8.24. Not bad but not great either. Started buying way too early on this drop down. Not worried though, plenty of cold coming and some sort of bounce to get this near 9.00 bucks is my wild arse guess. Expecting to make decent bank once the powers that be decide to run this back up.
Having been watching NG for a while, this looks like a bounce off the support. We will see.
Decent bounce off that low premkt. Let's see if she continues to move up. I have a buy order in at 7.47 in case it drops back down again. Tempted to just buy one more lot right now and call it good.
Noticed that as well. I jumped in a bit too early but have avged down to within 8.25. Not bad, no worries.
Hi Cash, glad to see your back in. Going to keep loading up for the next run up. Typical shenanigans in NG prior to winter. Imagine NG being at 2.88 or 2.90 as winter sets in. Expecting at least 3.10 to 3.20 sometime in the next few weeks. Should be good to go for banking some decent profits off these levels. Buy when everyone is running scared....
I am not so sure. We are just now entering the winter months. At least one or two more runs to the 3.10 to 3.20 can be expected and I think this is once again in oversold territory. I am a buyer at these levels. Wash, rinse and repeat. Making my last purchase today as I avg down for the next run up.
I am seeing the trading in NG as extremely volatile, this will again jump up later this week. I banked on it last week and expect to this week as well. Just buy the dips and sell when it bounces. Very cold air has settled into the northeast. Good luck everybody. 3.10 again real soon.
Yep, will spike this down for sure. I am flipping this as warranted for now. Knew that high yesterday was about done. Will see 3.20 again though eventually.
I am going to place a buy down towards the 8.70 area and see if they pick me up in a spike down after the report. Has worked for me in the past.
Will likely have a negative impact. Been warm along eastern seaboard during most of last week.
Thought about that my self. This is s tricky time for NG. I might just wait this out. Can't say for sure which way things are going to go.
I just sold all my shares! What a great ride! Sitting in cash. Looking got a pullback, went up to far to fast. Profit taking is coming.
That is nice profit after being down. I sold some today too! Glad I held a core position though.
Now to see if there is an encore! Crap shoot at these levels. Though, I don't expect much downside from here.
Thank you! I do not trust NG, not one bit! This was an explosive run up. Might need to catch it's collective breath before running higher. Will buy back my shares if it dips. If not I am sitting pretty with my 1000 shares.
Sold my first two lots, lock in some profits and keep some dry powder. Sitting on a 1000 shares at an avg of 8.10. Keeping those to see what happens going forward. Am not opposed to buying back in if this sells off on profit taking later in the week.
If NG breaks out above 3.10 today what is the next possible high? Just hit 3.09.
I tend to be more of a swing trader as well. Picking a point to sell my shares has been somewhat problematic in the past. Selling too early mostly. I am very tempted to take some off the table today. I would so love to sell all my shares somewhere in the 10 to 100 dollar range. Might get there sooner rather then later. Good luck with your trades.
Good idea, I might dump my 9.05 shares with hopes to buy back lower. But keep in mind that we are heading into winter. Can't imagine the powers that be not taking advantage of old mother winter to push prices towards 3.20.
I could certainly see a pullback at some point before we resume the upward trend. It was interesting last week that some thought we NG was going to continue to head south as winter approaches. Would have to be a very warm winter indeed. Temps in Maine are dropping fast and sub zero is expected at night most of January. This will also be influencing the large residential areas further south. First major arctic blast and we are off to the races. Holding for higher levels. Currently in the green on UGAZ.
Glad I held my shares over the weekend in UGAZ. Will be in the green real quick. Avg down from 9.60 all the way to 7.80. Going to just be patient and see where NG goes as winter sets in. Could we see 11.00 anytime soon or will it be a yo yo going forward?
I doubt it is going that high. It is not like artic freeze is expected anytime soon. I suspect we see 3.20 to 3.30 tops. The powers that be control this commodity. Would love to see your prediction come through though, :)
That is how I see it too! Little downside once the cold weather sets in. Waiting this out....
Looking out to mid to late December the cold of winter sets in. January temps at night are set to be sub zero along the northeast. Typical winter after the next week or two. Watch the big money reverse things once they establish a bottom. Going to be a fun winter owning UGAZ.
Just a guess but I think it might just be priced in. NG has fallen substantially at the end of shoulder season this year. Cold weather is a given as we come into winter. One way or the other demand will increase and NG will move back up towards 3.10 to 3.20. Pretty much a given by January at the earliest. Jmo
Today was a wash out put that is pretty normal stuff for NG. Won't be long and cold will set in, one artic blast and look out!
I am all in for 2000 shares with an avg now of 8.45. pretty happy to be down this low for my avg. Looking for Ng to hit 3.10 and take this back to 10.00 plus or so. Probably be mid December.
Everywhere but in Maine this past week, chilly nights for the last week here at home. I suspect some decent demand in northeast up until this weekend.
Another 500 shares of UGAZ for me. Avg is now 8.75. I am good with that. More dry powder left too. Good luck.
Wise words about the markets, agreed on all counts. Happy Thanksgiving!