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yellowsnow
06-05-2009, 11:31 AM
What do u guys think of MB? my coworker says they just got a huge contract a couple days ago.

i'm hoping it will drop to .45 again, then i'm buying!

Euro_Trash
06-05-2009, 11:49 AM
Originally posted by 997TT
Up for worst investor of the decade .... look no further than me.

In HEB $3.30

i'm eyeing some purchases so my risk tolerance is pretty much infinity ... lol

Seems to have settled down quite a bit right now

djayz
06-05-2009, 12:06 PM
Uh-oh HNU just went into the red, looks like my order filled at 6.50 and it's a huge one this time :(

Dinan
06-05-2009, 01:02 PM
Are you planning on holding it long? I wish I bought more! Then I could have tried and flipped few, could have flipped few


Originally posted by djayz
Uh-oh HNU just went into the red, looks like my order filled at 6.50 and it's a huge one this time :(

djayz
06-05-2009, 01:12 PM
Plan was to sell it at 6.70 since it was fighting there for a long part of the day, but they it filled, went up to about 6.60, then came back down.

I'll hold it as it will most likely head up into the 7s next week again but will not hold it longer than a week.

Plus I gambled huge on this and put my 2/3 of my entire cash portion in hoping to bank a thousand today with a minimum 10 cent flip but I got screwed :(

e36bmw///
06-05-2009, 01:16 PM
nm

Dinan
06-05-2009, 01:22 PM
Your still holding heb?

You guys don't think hnu can hit over 20$ ? Or till then it might drop again? I dunnot what to do, I'm up 1$ now, ahhhhh, lol

Euro_Trash
06-05-2009, 01:22 PM
Originally posted by e36bmw///
well, HEB is down since monday could be the approval/rejection date

I dont know why, i didnt even think about it.
would have sold it at 4.50 right away, just thought it might hit 5 first

Yup... I dig up some free cash to gamble with... should be interesting

civic_rida
06-05-2009, 01:31 PM
I bought some heb call me stupid but we will see.
In at 2.65

Euro_Trash
06-05-2009, 01:37 PM
You did better than me... I am in at 2.95

djayz
06-05-2009, 01:37 PM
Originally posted by Dinan
Your still holding heb?

You guys don't think hnu can hit over 20$ ? Or till then it might drop again? I dunnot what to do, I'm up 1$ now, ahhhhh, lol

It can but at the same time you have to think about how much higher NG will have to go for HNU to hit $20.

Alot of people are calling for another commodity boom through these summer months, but $20 for HNU is a long shot.
I'd put it around $14-15 max.

Also ETF's are not something you want to hold in the long run, as stated several times in this thread. You either take a loss and make up for it another way or hang on forever and hope you come out ahead.

911fever
06-05-2009, 01:56 PM
I've been in at 2:96 for HEB, ahh it was a crazy day today for it

997TT
06-05-2009, 01:59 PM
$3.30 here ... lol

HEB gaining some ground into clsoing

$2.85

civic_rida
06-05-2009, 02:03 PM
I sold at 2.85 lol

Euro_Trash
06-05-2009, 02:12 PM
Originally posted by civic_rida
I sold at 2.85 lol

No faith! :D

civic_rida
06-05-2009, 02:14 PM
No worries this weekend:thumbsup:

Z_Fan
06-05-2009, 03:06 PM
I bought some HEB and am rolling the dice with it. Hanging on for the weekend. Bought too early, so you guys in the $2.x range are laughing real hard at me. :poosie:

But if it is approved and opens up at $10.00 on Monday morning like that other stock did when it went way up, I guess it will be worth it. BIG GAMBLE, which is why I only bought a small number of shares.

Should be interesting.

Rat Fink
06-05-2009, 03:44 PM
.

bigbadboss101
06-05-2009, 04:18 PM
Wonder if it's going to be SNO like???

slick2404
06-05-2009, 04:29 PM
Originally posted by Z_Fan
I bought some HEB and am rolling the dice with it. Hanging on for the weekend. Bought too early, so you guys in the $2.x range are laughing real hard at me. :poosie:

But if it is approved and opens up at $10.00 on Monday morning like that other stock did when it went way up, I guess it will be worth it. BIG GAMBLE, which is why I only bought a small number of shares.

Should be interesting.

fingers crossed for monday:drama:

Rat Fink
06-05-2009, 04:39 PM
.

Z_Fan
06-05-2009, 04:40 PM
Originally posted by bigbadboss101
Wonder if it's going to be SNO like???

Could be. I mean, if it dropped to $0.25 on Monday, then it's just like SNO. LOL.

$0.4x to $0.01 for snow. Piece of shit mother fucking stock. Lost so much money on that dog crap company. Even now it's only worth $0.02 or $0.025. I have 80,000 shares that cost a whole lot more than $0.02 cents per share!!!!!!

Meh. Who cares what HEB does. I put in no more than I was willing to lose completely, just for pure FUN! So we'll see what happens.

911fever
06-05-2009, 05:22 PM
^ same
So much negative press though against HEB when I read up on it though haha
oh well, I've only got a small amount of shares in at 2.96 on it

sevewone
06-06-2009, 01:41 PM
Originally posted by Das Auto
Any of you watching Magna International? I was totally oblivious about them till some guys at work were talking about them. Apperently they have been buying up pieces for sometime to construct a electric car, and for a while been looking to aquire a car company. Plus they've presented a converted focus to ford which landed them a contract.

Their stock is trading still pretty high, but that potential is pretty tempting. I don't have the confidence to invest in them right now but when the economy bounces back and can afford luxury items again could be a big player in the industry. Anybody else have thoughts on them?

?

davidI
06-06-2009, 02:41 PM
They just bought Opel.

Dinan
06-08-2009, 05:45 AM
anyone pick up CLL? looking good!


the US dollar is on the rise.... hope NG doesn't drop to much....

SilverRex
06-08-2009, 06:54 AM
as mention last week, looks like the US rally that I was expecting finally started and in a big way too looking at the US dollar index, you can clearly see the 6-7 week down trend was broken and now it is in an uptrend. Will this up trend trend be a big channel going up and down, no one knows, only time will tell but what does means is, one should be thinking not to go against it. At least for now.

I'm not surprise if the US makes a certain pull back between areas and resistance but again remember the trend probablly has changed for the short term.

the euro after putting in a massive head and shoulder which top out at 4300, breakinb below 4100 as I mention also achieved its pattern target at around 3800 (3808). So will this mean we should get a bounce here? or gold to short cover? or the US dollar pull back. Possibly if one must enter make sure you have tight stop below its recent lows. I expect the general market will soon top out if not started already.

http://i278.photobucket.com/albums/kk118/genmaster/dollare.jpg

looking at gold, the biggest reason why gold went north is solely based on the US dollar, now that the US dollar is making a rebound, gold will consolidate. If this recently 126 dollar rally is real and not corrective (as some EW expert calls it) then I only expect gold to pull back to its fibonacci retracements levels before making another run. Therefore look places to go long on gold at key areas starting 943, 928 and 913. I would only question gold's medium term out look if it closes below 913. If anyone recalls our metal key area is actually 900 barrier. So if gold closes below 900 I Would exit all position as that could signal another wave of weakness towards 850 and 823. So keep the low 900s in the back of your mind.

http://i278.photobucket.com/albums/kk118/genmaster/goldc.jpg

SilverRex
06-08-2009, 07:13 AM
Originally posted by Dinan
anyone pick up CLL? looking good!


the US dollar is on the rise.... hope NG doesn't drop to much....

looking at NG chart you can tell there is two lower highs 4.57, 4.28
but also three high lows 3.25, 3.50 and 3.55

my suggestion is to wait until NG breaks that down trend line that is coming down from 4.57 and 4.38 before going long term.

or if price gets near 3.55 with a stop below 3.55

http://stockcharts.com/charts/gallery.html?$NATGAS

Dinan
06-08-2009, 07:25 AM
I guess I should have sold hnu on friday,

e36bmw///
06-08-2009, 07:31 AM
nm

Dinan
06-08-2009, 08:03 AM
note to self, never hold HNU more then a day or two MAX.....

Z_Fan
06-08-2009, 08:56 AM
You're still up. Be thankful for that.

Dinan
06-08-2009, 09:10 AM
true, lets hope for a better day tomorrow..... you didn't sell yours?

Z_Fan
06-08-2009, 09:21 AM
I am out. Yeah. I sold mine same day when it dipped very briefly that day, I bought some, sold it later that day.

I had some that I had bought earlier too. I have also sold that. Sold it the next day IIRC.

Dinan
06-08-2009, 09:23 AM
nice, maybe i should sell too... should have sold them on Friday tho...

Z_Fan
06-08-2009, 09:27 AM
Meh, set a stop loss and hope it goes up...it's not doing much today really...just kind of boring...

skandalouz_08
06-08-2009, 10:47 AM
Definitely boring today, seems to keep dipping lower by a couple pennies every hour or so.

997TT
06-08-2009, 12:45 PM
so is everyone going to hold onto HEB?

i had a dream i sold it at $20...lol

man, if i sell now i take a 10% hit .... vs the unknown of the FDA approval. I guess i need to make sure i'm willing to lose everything if they don't get approval.

DRKM
06-08-2009, 12:53 PM
Made some quick cash in HNU this morning, then decieded to try the HGU train. Of course it slows right to a halt when I get it...

Nova316
06-08-2009, 01:19 PM
Originally posted by 997TT
so is everyone going to hold onto HEB?

i had a dream i sold it at $20...lol

man, if i sell now i take a 10% hit .... vs the unknown of the FDA approval. I guess i need to make sure i'm willing to lose everything if they don't get approval.
Im still holding onto HEB
sold some at 4.xx to cut my losses haha incase it doesnt get FDA approved.. lets hope everything works 15+ Woo *only dreaming*

e36bmw///
06-08-2009, 01:43 PM
nm

Dinan
06-08-2009, 01:46 PM
it SHOULD be today, 1-2 weeks are up today.....:dunno:

Euro_Trash
06-08-2009, 01:47 PM
Give it until wednesday. 1-2 weeks was just a guess I am thinking

997TT
06-08-2009, 02:00 PM
It's been approved... trading at $20.

aaahhh $hit guess i just had a wet dream.

Dinan
06-08-2009, 02:07 PM
thats what the FDA said... no?

Rat Fink
06-08-2009, 10:03 PM
.

slick2404
06-08-2009, 11:11 PM
fingers crossed for this week....poppa wants a new car!!!

Dinan
06-09-2009, 05:44 AM
Originally posted by slick2404
fingers crossed for this week....poppa wants a new car!!!

hope you didn't put down lots of money, just in case.....

SilverRex
06-09-2009, 06:26 AM
ok so really not much happen yesterday but as mention the US dollar had hit a temporary top (imo) and so I expected gold and oil to rebound and so it did or at least it started too this morning. looking at oil, oil is the only trade that is very much still in its up channel and so until it breaks you just have to trade it that way. meaning, sell when it reaches near the top and buy when it reaches near the bottom. based on two different connecting patterns, I expect a good place to short oil is around or between 70-71.50.

http://i278.photobucket.com/albums/kk118/genmaster/oilc.jpg

and as mention the US dollar index is tracing out to the lower part of the channel, IF this is indeed a mini US rally up trend, then it should not break below 80 there fore I expect it to rebound some where between 79.80-80.20 and when this happens it will cap gold and oil prices.

http://i278.photobucket.com/albums/kk118/genmaster/dollarf.jpg

gold, pretty much in sync with the US dollar index, should have its upside limited to around 960-965. Hoeever I've seen stranger things happen in the market place. The only thing to watch is, if gold gets above 973, then all bets are off, because that would kill the US dollar index momentum and perhaps this was a fake rise? and the US dollar wants to head towards 77.7? if so that would send gold to test 1000. again that will only happen if the US dollar breaks down and gold passes 973. which I dont think it will happen. at least not now.

http://i278.photobucket.com/albums/kk118/genmaster/goldd.jpg

Dinan
06-09-2009, 07:41 AM
alright, the US is down, but natgas not up.. come on, give me close to 4$, i'll be happy :)


ahhhh, loooks like i'll be back to where i started with :facepalm:

997TT
06-09-2009, 08:01 AM
gold, oil, NG dropping

tempted to buy HNU at $5.83
would love to get it around $5.50

SilverRex
06-09-2009, 08:04 AM
^

picked up some at 5.83, as long as NG doesnt break 3.55 (now at 3.74) I'll use that as stop either way I see NG pretty close to bottom out

Dinan
06-09-2009, 08:14 AM
so you fallow this nat gas with this link ( http://quotes.ino.com/chart/?s=NYMEX_NG.N09.E&v=s )

then what is this one?
http://nymexdatardc.cmegroup.com/index.html

^^ so what are those price's for?


stupid question, i know :D

Dinan
06-09-2009, 08:19 AM
Originally posted by SilverRex
^

picked up some at 5.83, as long as NG doesnt break 3.55 (now at 3.74) I'll use that as stop either way I see NG pretty close to bottom out

would you hold an ETF for few months, like HNU ??? or it's better to swing trade them?

997TT
06-09-2009, 08:28 AM
Originally posted by SilverRex
^

picked up some at 5.83, as long as NG doesnt break 3.55 (now at 3.74) I'll use that as stop either way I see NG pretty close to bottom out

In HNU at $5.85

Rat Fink
06-09-2009, 08:32 AM
.

Dinan
06-09-2009, 08:35 AM
now we all sell when SR says, :thumbsup:

Big Daddy G
06-09-2009, 08:37 AM
Off topic, but can anyone recommend any good places to start with stock investing? A good website or something?

Dinan
06-09-2009, 08:49 AM
anyone hear anything about OPC?? it's been going down lately..

troyl
06-09-2009, 08:53 AM
Originally posted by Rat Fink
Just bought some HNU at 5.80 and 5.84

935 shares. lol

Hey me too, i got filled all at 5.80. Lets go nat gas!

SilverRex
06-09-2009, 09:07 AM
Originally posted by Dinan
so you fallow this nat gas with this link ( http://quotes.ino.com/chart/?s=NYMEX_NG.N09.E&v=s )

then what is this one?
http://nymexdatardc.cmegroup.com/index.html

^^ so what are those price's for?


stupid question, i know :D

i would use the nymexdatardc website as I find it much more accurate than the other ones

davidI
06-09-2009, 09:13 AM
Originally posted by Dinan
anyone hear anything about OPC?? it's been going down lately..

I don't think the price should have ever rised to where it did. Their balance sheet is weak and people were just hoping someone (Total) would make an offer to buy them. Price went up on rumours but I just don't see a deal happening. Especially with the water handling issues the current Long Lake project is facing and the increased carbon emissions from the Syngas technology.

I'd put money on UTS before Opti...I can see Suncor / PCA wanting to own 100% after they merge.

Proyecto2000
06-09-2009, 09:20 AM
im down big time on opti :banghead:

Dinan
06-09-2009, 09:30 AM
Originally posted by Proyecto2000
im down big time on opti :banghead:


are you planning on buying more when it dips, or you going to sell.. i'm thinking of selling and maybe getting into CLL instead.... and this is in my tax free account too :(

Dinan
06-09-2009, 09:32 AM
Originally posted by SilverRex


i would use the nymexdatardc website as I find it much more accurate than the other ones

but the price's are different, i know it's not real time....

so when should be all sell HNU? :D

Proyecto2000
06-09-2009, 09:37 AM
Originally posted by Dinan



are you planning on buying more when it dips, or you going to sell.. i'm thinking of selling and maybe getting into CLL instead.... and this is in my tax free account too :(

nah im not buying any more. I got in at $3.35, I will hold for now and see what happens.

Dinan
06-09-2009, 09:47 AM
June 5 (Reuters) - OPTI Canada Inc : * Moody's downgrades Opti Canada's ratings and reviews for further downgrade * Moody's cuts Opti Canada's corporate family rating to Caa1 from B3

Dinan
06-09-2009, 09:48 AM
Originally posted by Proyecto2000


nah im not buying any more. I got in at $3.35, I will hold for now and see what happens.

not that bad....

KRZY403
06-09-2009, 10:02 AM
guess i'll get in on hnu too. in at 5.89

Euro_Trash
06-09-2009, 10:03 AM
Originally posted by KRZY403
guess i'll get in on hnu too. in at 5.89

Hehe me too


And just waiting.... waiting.... waiting for HEB to do something

jlabr
06-09-2009, 10:34 AM
Can anyone give me any advice on what to do with OPC???
Had bought in at 3.10, sold it at 4.00.
Bought in again at $3.88, but it hasn't, and doesn't look like, it is returning to those levels any time soon.

It's sitting at 3.08 and continuously losing ground. What to do?!

997TT
06-09-2009, 10:39 AM
sold HEB ... man i see the wild intra day swings and I guess i'm not cut out to see it through. Was hoping for a quick pop but it didn't happen.

go HNU

Dinan
06-09-2009, 10:45 AM
Originally posted by jlabr
Can anyone give me any advice on what to do with OPC???
Had bought in at 3.10, sold it at 4.00.
Bought in again at $3.88, but it hasn't, and doesn't look like, it is returning to those levels any time soon.

It's sitting at 3.08 and continuously losing ground. What to do?!


i think we better off selling, it just dropped to 2.92 :facepalm:


i have no idea, still holding mine for now...

Euro_Trash
06-09-2009, 10:47 AM
Originally posted by jlabr
Can anyone give me any advice on what to do with OPC???
Had bought in at 3.10, sold it at 4.00.
Bought in again at $3.88, but it hasn't, and doesn't look like, it is returning to those levels any time soon.

It's sitting at 3.08 and continuously losing ground. What to do?!

Personally I would buy more at the lower price to even everything out, if I had the extra cash that is.

DRKM
06-09-2009, 11:25 AM
Who are these NG bears? Battle in the 5.80s....
In at 5.84
Edit: Sold 2000 shares at 5.90...
But I did not get charged any ECN fees? Anyone know why?

Red@8
06-09-2009, 11:27 AM
^ I'm in as well - $5.89

Dinan
06-09-2009, 11:28 AM
okay so i sold OPC from my tax free and bought HNU, hope that works out better....:drama:

Proyecto2000
06-09-2009, 11:38 AM
OPC down into the $2.8x and I cant get my trading account to work properly today WTF :guns: I have tried all sorts of things from changing settings to new browsers and nothing seems to work and its my computer that is messed up. :banghead:

Dinan
06-09-2009, 11:40 AM
Originally posted by Proyecto2000
OPC down into the $2.8x and I cant get my trading account to work properly today WTF :guns: I have tried all sorts of things from changing settings to new browsers and nothing seems to work and its my computer that is messed up. :banghead:

oh man, you trying to sell..? well it bounced back up a bit, 2.91 ......

DRKM
06-09-2009, 11:51 AM
So is anyone holding some UUU?
I think I may ride it for a little.

997TT
06-09-2009, 11:59 AM
Oil $69.73.

everyday i think about buyin HOD and everyday i'm happy i didn't

It seems good for $0.25-0.40 intra day swings but oil just never quits.

Nova316
06-09-2009, 12:23 PM
wow UUU is just moving to make up lost ground :D

davidI
06-09-2009, 12:32 PM
Originally posted by Proyecto2000
OPC down into the $2.8x and I cant get my trading account to work properly today WTF :guns: I have tried all sorts of things from changing settings to new browsers and nothing seems to work and its my computer that is messed up. :banghead:

try clearing your cookies if it's web based. I had issues once and clearing the cookies fixed me. I had to reset all my favourites and preferences but at least I could buy / sell!!

Proyecto2000
06-09-2009, 12:36 PM
Originally posted by davidI


try clearing your cookies if it's web based. I had issues once and clearing the cookies fixed me. I had to reset all my favourites and preferences but at least I could buy / sell!!

I cleared cookies, history, files. lowered security settings, accepted 3rd party cookies and all that jazz and nothing. I called the company up and they told me to do the exact same things that I had done. Took it a step further and reinstalled, java, flash EI, tried firefox and now 5hrs later, i'm still only able to track prices on the 15min delayed qoutes from google :banghead:

i hope for better luck tomorrow

Dinan
06-09-2009, 12:45 PM
have you done anything since the last time you got it to work? or is this just random?

max_boost
06-09-2009, 12:46 PM
Originally posted by 997TT
Oil $69.73.

everyday i think about buyin HOD and everyday i'm happy i didn't

It seems good for $0.25-0.40 intra day swings but oil just never quits.

Don't fight the force. :devil:


Originally posted by Nova316
wow UUU is just moving to make up lost ground :D

Finally. I am even now. 7400 shares. I was not impressed when it went below $2 for a bit there hehe

Nova316
06-09-2009, 12:48 PM
^^ I know how u feel, I had to average down. But that was a well made move. Hopefully it continues up from here. I set my stoploss at break even.

DRKM
06-09-2009, 02:06 PM
Bought some hou to hold till morning... Too nervous to hold HNU overnight.

max_boost
06-09-2009, 03:04 PM
Oil looking good right now. Should gap up nicely tomorrow. :eek:

sputnik
06-09-2009, 03:16 PM
Originally posted by max_boost
Oil looking good right now. Should gap up nicely tomorrow. :eek:

Nice. Now who has the balls to buy some HOD at open?

Anyone willing to go against the force?

DRKM
06-09-2009, 04:00 PM
Originally posted by sputnik


Nice. Now who has the balls to buy some HOD at open?

Anyone willing to go against the force?

I heard this quote from keane or Dow some thing like
"turns in the market can take as long as it takes for you to become insolvent"

Even though we may be correct about a certain trend but it may not happen exactly when we planned it.

max_boost
06-09-2009, 04:38 PM
Originally posted by DRKM


I heard this quote from keane or Dow some thing like
"turns in the market can take as long as it takes for you to become insolvent"

Even though we may be correct about a certain trend but it may not happen exactly when we planned it.

What a mofo, this is sofaking true haha

Do not fight the force. I actually sold my HOU today and banked another $1k when Oil hit $70. The plan was to wait for a a small pullback but actually I think this past month, everytime I sold it, I just bought back in higher and sold it higher again. Damn thing just keeps climbing. Unreal. :eek:

The general market is kind of moving sideways right now, what's up with that? Pop or drop? Summer is a slow season? I need a pullback to 9000 so I can push more money into XIU.

DRKM
06-09-2009, 10:33 PM
Originally posted by max_boost


What a mofo, this is sofaking true haha

Do not fight the force. I actually sold my HOU today and banked another $1k when Oil hit $70. The plan was to wait for a a small pullback but actually I think this past month, everytime I sold it, I just bought back in higher and sold it higher again. Damn thing just keeps climbing. Unreal. :eek:

The general market is kind of moving sideways right now, what's up with that? Pop or drop? Summer is a slow season? I need a pullback to 9000 so I can push more money into XIU.

I bought 500 shares of hou for over night holdings plan to dump it in the morningish...

Z_Fan
06-09-2009, 11:08 PM
Looks like a good plan oil is up nearly a buck right now.

max_boost
06-09-2009, 11:45 PM
Z_Fan, remember when HOD was at $47 and HOU was at $4 and YOU SAID the trend was beginning to reverse (the contango closed to almost even for front and near month) and HOU would soon become the steamroller that HOD was? hehe :poosie: :devil:

Yeah I know, if you had pushed all in right there, BAM. :bigpimp:

Ahhh....alright seriously, is oil just going to keep climbing? At this rate we might see $100 by August? Energy stocks going to follow suit? :dunno: :nut:

suen17
06-09-2009, 11:55 PM
Anybody have any idea what happened with SQNM today? They went up 58% in a matter of 4 hrs. No new announcements that I've found...

SilverRex
06-10-2009, 06:26 AM
well the US dollar index is overshooting my targeted drop area and if it does not climb back above 80 soon and fast it could japordize the recent rally. and with it oil and gold are bumping into some important levels yet again.

first oil, we are right up against the upper trend channel (once again) oil just wont quit. but looking at it, unless it goes parabolic, the idea usually is to short it, its looking like its starting to form a ascending wedge which typically should break down eventually, how fast? i am not sure, but none the less as mention yesterday the 70-71.50 would be a good place to start going short amid with stops of course.

http://i278.photobucket.com/albums/kk118/genmaster/oild.jpg

gold is finding its shine slowly building up back to around 61-65. while I expect this to hold but if it does not, it doesnt mean the end of the world since it CAN as shown on the down trend lines drawn, form a larger down trend channel which ( I may perfer) as it looks like a down ward megaphone (just like the one we endured for the last 2 years and a break out above the upper line will trigger a buy signal that should assult 1000. I dont foresee that happening now and I sure hope we will at least head lower first before going up. One thing to note is, the COT commercials short contracts are at its highest level since 2005. while when ever this happens, gold gets hammered down big time like we saw in last autum, but similarily in 2005 when gold wanted to break 450, and when it finally did it rocketed 60% higher. we this be the same scenario? cross our fingers you bet. until then, lets just stick with the TA. so the first support at 943 held and so far as making a nice rally. if anyone got in here, should move your stop to zero. If gold does get back down to this level, I dont think it will hold and we should see the next level down which is 928-930 (that is my entry point)

http://i278.photobucket.com/albums/kk118/genmaster/golde.jpg

so far NG is moving up ever so slowly, but moving none the less. unless 3.55 breaks (now at 3.83) I do expect it to climb slightly over 4. But it will be interesting because it is stuck between a triangular pattern that should lead to a breaout on either side. Either its going to break above 4 and head higher or its going to break below 3.55 and head to retest the low. Let just take it one day at a time.

Aleks
06-10-2009, 06:31 AM
Originally posted by max_boost

Ahhh....alright seriously, is oil just going to keep climbing? At this rate we might see $100 by August? Energy stocks going to follow suit? :dunno: :nut:

For companies that are oil heavy they might, but in Alberta a lot of Energy sector is gas and gas price is crap right now. Some gas fields are getting shut in and drilling for gas is getting cancelled in favour of drilling for oil.

Dinan
06-10-2009, 07:52 AM
what happened to NG, it was up nicely pre-market then it just tanked....

DRKM
06-10-2009, 08:18 AM
Oh shit Commodities are taking a shit this morning....