Replies to post #4187 on 3rd Leg Trading

[C C]

what happened to 12.96

8:30 this morning UGAZ was 12.91
close @ 12.37

did u short it @ 12.96
where did u get in at

have 2 posts left

highs didn't get high enough.....at least didn't break below lows of last few days
today....low volume
no real commitment by buyers to go one way or another

could it be near capitulation point .....need hold....?????????



cc

[C C]

open interest's increase is caused by entries into contracts

decrease is caused by exits in contracts

open interest has been decreasing = more folks exiting contracts than holding contracts......
folks not sure which way ng is going so they exit contracts

money managers.....where is all that money going.....they have to park it some where to make money


last post 4 this evening....

l8r


cc

[C C]

looking for entry into ng.....over 1200 contracts moved and down it goes
looking to enter DGAZ or UGAZ

ng....bid and ask little movement.....should have moved that many contracts
bid side built up higher than ask side and .....
pooooooof.... build disappears on bid side
down it goes

not convinced one way or other as of yet

appears this could be line in the sand move..... one way or another


are they walking the dog......down

12.57 below and down it goes from what I see


cc