well, ugh, there's a little bit more to it than just that.
yesterday, the Canadian finance minister announced some changes in the tax rules that would effectively end the !!!<I can't even say the words>
anyway, this all transpired after yesterdays close-- but before, about 15-minutes before last call, I loaded up heavily on gas weighted juniors, you know, the ones that trade at a slight premium because of their potential at being acquired by < left blank intentionally>.
The weather's cold-- inventories are actually hugging the lower end of the supply ban, did I mention the weather's cold?
This trade should of worked, but it didn't. I sold everything, even my uraniums at the open this morning-- I sold them so hard that etrade was even starting to reject my orders, figuring maybe I was panicking.
anything to do with energy-- GONE.
ugh, I did panic-- but the trick is to be the first to do so, nevertheless I prevailed, got through the morning with minor losses-- thankfully.
I'm cashed up-- ready to play the bounce because it got ugly by the afternoon, too ugly-- because I'm actually very bullish on gas. Just think, a reduction of 38% yoy in drilling and there's every indication that were going to get a cold winter. What surprised me the most was the collapse in drilling stocks.
Anyway, you were wondering why Eldorado Gold was soft...?
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