99er wrote:Mr.Miyagi: "Cryptic clues.. fun to decipher."
Bearish Butterfly (gold) and a Wolfe Wave (purple) pointing down. Target is where the purple line meets the grey dotted one. Grrr...
I actually can't see there the purple line meets the vertical grey dotted line since it's off the chart. But it looks like 1800-1900. Seriously, 99er? I'm going to have to call you Smokey.
Petsamo wrote:I made the plunge into UNG at 8.65, only 120 shares.
8.65?
Yep, edited
Why natural gas is you guys interested trade? Aren't we on a surplus of natural gas supply now?!?
I think it's safer than GOLD or CLUDE at this level, this is more of my long term set up trade. I tried to get in so many times but got stop out in less than two days too many time, maybe that's another reason why I want it.
I see. I also got into it last year a few times because I thought the same thing: cheap and possible bottom. We, however, keep on drilling new gas wells in US Land. In addition, new unconventional shale gas reserves are being discovered with larger and larger supply quantity, the Marcellus Shale is an example. Thus I gave up on it. But you are definitely right: on a long (long) term, it is a safe bet as an investment.
volume surge here, not sure, it means anything, wait.
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Whats the point of posting another internals update, same as all day long, except the tick, and a couple more stocks drop out of the bull party, not enough to mention, but the tick might be worth watching…. for a minute or two… http://stockcharts.com/h-sc/ui?s=$NYDEC ... =246211365
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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