Official Short-term Investments Thread

[Super_Geo]

HNU back in the mid 4.30s... good time to get back in?

How many of you guys are buying HOU in the low 8s?

[cosmok]

Originally posted by Super_Geo
HNU back in the mid 4.30s... good time to get back in?

How many of you guys are buying HOU in the low 8s?
Might add to my position

[Dinan]

i wouldn't buy HOU now, it's a bit overbought now, i would get in on a pull back...


what you think SR?

[Vanish3d]

oil is slippin a bit... i wonder if i should sell at 8.2

[RX_EVOLV]

i probably wont be buying anything until it is closer to the end of the day, unless it is a screaming buy.

[Dinan]

to sell or not to sell HNU?


well i sold! now i got the rest at 5.8 :(

hahahaha, so it broke 3.67 as soon as i sold... :(


thinking about picking up some HOD ... anyone else?

[RX_EVOLV]

I'm looking at HOD, still on the fence though

[max_boost]

Good luck boys. I'm just waiting for pullback on the index so I can jump into XIU.

So long..... good luck with them 2X :devil:

[davidI]

Originally posted by max_boost
Good luck boys. I'm just waiting for pullback on the index so I can jump into XIU.

So long..... good luck with them 2X :devil:

I think I'm going to plow 50% of my portfolio into XIU, XCS & XIN at some point too. Just need that pull back!

[Dinan]

Originally posted by RX_EVOLV
I'm looking at HOD, still on the fence though

same here ......

[max_boost]

You guys can thank me. HNU at $4.71 now. I sold at $4.50 :thumbsup:

[Dinan]

Originally posted by max_boost
You guys can thank me. HNU at $4.71 now. I sold at $4.50 :thumbsup:

i sold at 4.50 too, but as soon as i did it broke through 3.66 and the next resistance is .76, so guess what? it went to test that too, i knew it would,just never bought back, i don't think it will pass that .76 but don't want to put my money where my mouth is and buy HND.....


paper trade

HOD at 12.53
HND at 11.25


lets see if it would have been a good trade or not....

[Z_Fan]

I need $5.24 HNU to get out even. Mother fucker.

Bought some more at $4.10 yesterday. Sold my HOD to do it. Guess that part looks OK at the moment.

[Super_Geo]

Anyone know where the support/resistance points for NG are at?

[Rat Fink]

.

[Dinan]

Originally posted by Super_Geo
Anyone know where the support/resistance points for NG are at?

http://www.oilngold.com/data/charts/pivot-points-summary-200808241260/

is a good site....

[yoda124]

tck.b another breakout...I'm in at $27...what a fucking beast!

[tryingtobebest1]

Originally posted by yoda124
tck.b another breakout...I'm in at $27...what a fucking beast!

You are so shure that itll go up for a while?

ANYONE know anything about OPC?

[RX_EVOLV]

in HOD for a short bounce hopefully. won't hold for long.

[yoda124]

Originally posted by tryingtobebest1


You are so shure that itll go up for a while?

ANYONE know anything about OPC?

looking for 26.43 u.s. about 28.50 cdn tomorrow

[thrasher22]

Uhhhhg, I wish I had followed through on buying as much Air Canada as I could for a quick flip yesterday.... Up 22% today.

But no, instead I decided "better play it safe and see what happens" :banghead:

[Dinan]

^^


not going bankrupt rally... lol

[Super_Geo]

Got 400 shares of HND @ $11.33 near close... hope people take some profits in the morning and sell off :)

[bg_27]

Originally posted by thrasher22
Uhhhhg, I wish I had followed through on buying as much Air Canada as I could for a quick flip yesterday.... Up 22% today.

But no, instead I decided "better play it safe and see what happens" :banghead:

hahahah I sold all mc ACE.B shares that I have been holding since before the crash, i figured I would get rid of them, the next day it went up 5% and again 5% today... That stock barely moved for weeks before that...

Made quick flip money on TCK.B and HXU.

[SilverRex]

well finally its friday and long weekend coming up. This week is more or less a very good week as far as technically speaking. Thought prices far exceeded my expecation but it was for the better not worse.

looking at oil, after an expected drop eariler in the week, the 63.5 and 64 double fibo level I mention was indeed magic as buying took off and the down trend line break off 64 was real. couple with the fact there was a scary moment where the break down in the euro below 4072 could be viewed as bearish, none the less because the US dollar index could not break 79.69, I am convinced we are still in an up leg for oil until other wise. so that means the big support for oil would have been a great buy so I loaded it up on 64 oil and happily did so. Now that oil shot straight back up to as high as 67 and also tested the 67.6 fibo level and was a previous resistance, clearly oil's stength has slowed down. with a down trend line coming in just under 68, I do not believe we will see a break above this level today. But direction suggest it should, with over bought STOCH, im expecting a consolidation mode where oil move within 1-1.5 range with the 66.38 now providing good support once again. Perhaps we could see some sort of flag pattern or triangle and then a break out to the upside. Be good to wait for STOCH to come back down near 20 and cross over for a resumption of main trend. ( of course if we are indeed in a up trend for oil)
update: note, while I expect oil to consolidate but if the sell of in the DOW accelerates and does finally make a larger pull back, it could bring oil back down, and reason for this is, the recent slide in oil to 62.87 could be an A in an ABC corretion, we have our B at 67.6, and could possibly make a wave C lower than 62.87. if this happens it just means a sweet buying opportunity. So for those who bought in the 63-64 area I would again suggesting selling half and holding half in attampt that oil doesnt do something like that but if it did you will be ready to buy lower. if 65.76 gives way again, then this idea path may become a reality.

http://i278.photobucket.com/albums/kk118/genmaster/oil073109.jpg

gold has also been great to us since calling 957 as top for a few days and it collasped quickly to 925 which hit all my target with perfection. but over all comparing to oil, gold is clearly on the weak side, you can see the sharp sell off in gold from 957, but the rallies were very small and painful suggesting the drops are impulsive and the rallies corrective, it is also coming out of over bought territory, watch the purple up trend line, if broken will increase selling. You can say the COT is heavily shorting gold again, so even if the main market is making a higher move, gold isnt going anywhere but when the main market pulls back even a little you will see gold being dumped like garbage. its unfortunate, even though im a gold bull, it hurts to see how gold is highly manipulated. the gold may not be ready to break above 1000 just yet, so watch the key trend line coming in just under 927. if broken to the down side lord knows how low we will go. All I know is, gold will have its moment to shine in due time and will make new highs. I'll be patient.

http://i278.photobucket.com/albums/kk118/genmaster/gold073109.jpg

ok last chart to post today. the dollar index, was a scary moment that it got near 79.69, but I did suggest that it shouldnt break on 1st attampt, and so it didnt *phew even though in the coming months US dollar will strengthen most likely causing a sell off in most sectors, but the current rallies I dont think is finished until it finds a top. therefore I expect the US dollar to either make new lows or trade side ways or unless the important resistance is broken to the upside then that would put a floor the dollar bottom has finished and steady rise should begin. Again STOCH is also over sold, wait for a pull back that once its over bought again, good chance it will turn down once again giving fuel to the market for further upside. Now that euro has made it back above 4072, there is still hope that new highs can still be achieved. Anyways not expecting much action today other than consolidation, however wont be surprise if the market sells off a bit further because it is suppose to do that in the first place, but I have stop guessing when and how long. as pull backs are often hard to predict in a strong up trend at least all the critical levels are in tact so the trend is clearly still up for oil and dow for now.

have a great long weekend

http://i278.photobucket.com/albums/kk118/genmaster/dollar073109.jpg


well havent talked about NG for quite some time, after suggesting to everyone a week or two ago that to start taking profit near 4.07 and 4.32 because one of those level surely will turn NG back down, I hope most did so. while the recent slide did not push NG back down to its lows at 3.22, but HNU got near its 52 week low almost under 4 dollars. while this stock market is still in an final up leg, and so is oil, I viewed NG will not see new lows any time soon, but at the same time I Dont think we should see a break out of NG to the upside either. Unless 4.32 is taking out strongly, so what to do? the same idea I had weeks ago still applies range trading buy low and sell high between 3.3-4.3 NG price for front month contract.

all chart on NG is still super bearish therefore dont expect big upside surprise just yet. if things changes I will post an update, and if NG should rally pass 4.57 that could be a swing trade to jump in and catch the train so be patient and if NG does breakout and went to 6-7 dollars while the market is still topping out between now and sept-ish, then boy I would be thinking or looking to short it with all my being. enuff said ;)

[Dinan]

So you looking to short the market or NG in september? Or both :)


I'll be looking to pick some hou at around 66 oil, if we get it today.

[cosmok]

^^ It's under 65.7 right now, would it be worth while to switch to HOD I wonder?

[997TT]

Rebought HOD yesterday .... woke up this morning and oil was still above $67.
when i left it was down 0.20.

Now its under in on $66.
c'mon hold this price till open so i can sell...haha

[Dinan]

shittt... i wasn't on to pick some HOU... ahhhhh.. come back under 66 oil :(

[cosmok]

Got some more HOU at 8.24, shot up right after :thumbsup:

[997TT]

out of HOD for a measly 0.1 gain. ... lol
in HOU at $8.33

man, just saw all my profits evaporate right before open. Fk oil ... now tank so i get a double kick in the nuts.

edit: oil is going straight up to test $67.

[SilverRex]

interesting drop and recovery, thought I doint expect new highs today but do watch 67.6, if price breaks above 68, that will become a support and could run back to 70+

like I said, pull backs are hard to predict but if price is attractive you buy and or never to exit all your position when your in the green, because you never know if it will keep going higher, already sold half yesterday at 67. so will see if this other half will net me above 68 in due time

[SilverRex]

Originally posted by 997TT
out of HOD for a measly 0.1 gain. ... lol
in HOU at $8.33

man, just saw all my profits evaporate right before open. Fk oil ... now tank so i get a double kick in the nuts.

edit: oil is going straight up to test $67.

yeah it is always difficult to play the counter trend

so I only view counter trend pull backs or rallies as opporunity to get back into the trade. but to trade those counter trend it could be dangerous most of the time

[997TT]

Originally posted by SilverRex


yeah never is always difficult to play the counter trend

so I only view counter trend pull backs or rallies as opporunity to get back into the trade. but to trade those counter trend it could be dangerous most of the time

That's why i lose money all the time. Thank god your here to counter balance my own decisions. lol

gold, oil all have straight up at open. only down in NG....really tempted to take a HNU position at its current price of 4.47

[SilverRex]

^

well there is an advance engulfing daily bar on NG, so the pull back today should be limited and should have further upside higher than yesterdays high in NG imo

anyways im going to play a small one here at 4.41 and profit at 5.00

if you believe in price projections
look at NG from 3.224 to 4.045 about .82 cent,

now if the recent 3.459 is the bottom, then add .82 to it and guess where we land at? 4.279 and remember I said 4.32 is critical?

seems too good to be true that its lined up to hit that if we get our typical price projected move based on the previous rise

[Dinan]

got my order on HNU at 4.29.. should be around 3.57NG ....

well i got in at 4.36... don't want to miss the run up for few cents like always... lol

[SilverRex]

well pulling back a bit here, then again DOW probablly wants to test near 9120 because it took 4 attampt and was unable to break it I see limited down side for DOW to hold and reverse if it does head lower, other wise expect closing green today

[Super_Geo]

In HND yesterday @ 11.33, out today at 12.00
In HNU at 4.40 right after.

[Dinan]

Originally posted by Super_Geo
In HND yesterday @ 11.33, out today at 12.00
In HNU at 4.40 right after.

hahahhaa, that was my HND paper trade lol, wish i bought!!!!:banghead:

[Rat Fink]

.

[Dinan]

looks like my 4.29 would have filled, well almost... now lets shoot up :nut:

oh damn, it would have been filled :eek: wow.... well i bought few more at 4.28.... hope it doesn't keep on going down now... otherwise the next support is around 3.90 HNU :drama:

at least that's what i came up with...

[997TT]

Originally posted by SilverRex
interesting drop and recovery, thought I doint expect new highs today but do watch 67.6, if price breaks above 68, that will become a support and could run back to 70+

like I said, pull backs are hard to predict but if price is attractive you buy and or never to exit all your position when your in the green, because you never know if it will keep going higher, already sold half yesterday at 67. so will see if this other half will net me above 68 in due time

price at 67.58 now. lets see this baby through to $70

[civic_rida]

68.14

[Dinan]

wow, OIL is on the move... damn, one day i come home late from the gym:banghead:

what did just happen with gold?

SR, good time to short?

[Dinan]

Originally posted by SilverRex
^

well there is an advance engulfing daily bar on NG, so the pull back today should be limited and should have further upside higher than yesterdays high in NG imo

anyways im going to play a small one here at 4.41 and profit at 5.00

if you believe in price projections
look at NG from 3.224 to 4.045 about .82 cent,

now if the recent 3.459 is the bottom, then add .82 to it and guess where we land at? 4.279 and remember I said 4.32 is critical?

seems too good to be true that its lined up to hit that if we get our typical price projected move based on the previous rise

is that on the September or October contract?

[RX_EVOLV]

what are you guys going to hold over the weekend? I'm guessing HNU? haha

[KRZY403]

im holding hnu for the weekend

[SilverRex]

welp if my counts are correct, boys oil has completed Wave I and had put in an ABC correction making a WAVE II bottom, now we are fast moving up on Wave III which should be the longest, this wave count will be invalidated if oil breaks below 67.6, I view this as massive support moving forward.

yes for gold, the sharp rise back to 957 will now put 957 resistance in question, at this rate, if us dollar index breaks down below 78.3, then gold will most likely break above 957, and next target is 971 I believe.

im happy that we pull thru that euro yesterday 4040 held and closed back up 4072, so we have further rally ahead :) the sharp rise in gold, oil and euro is exactly what we needed to see, impulsive move which suggest this is the trend, well DOW isnt moving that is because it has exhusted it self so when every sector pulls back it could drag on dow too, but should rise together for the next leg up

http://i278.photobucket.com/albums/kk118/genmaster/oiltoday-4.jpg

[tryingtobebest1]

Originally posted by yoda124


looking for 26.43 u.s. about 28.50 cdn tomorrow

How the F**** did you know? WHAT IS YOUR SOURCES???? WHAT ABOUT Tuesday!?

[max_boost]

lol

buy on stop. back into xiu at $16.30 where i originally sold it but i took the profits off the table. 11,000 tsx next week! haha ;)

[Dinan]

Originally posted by SilverRex
welp if my counts are correct, boys oil has completed Wave I and had put in an ABC correction making a WAVE II bottom, now we are fast moving up on Wave III which should be the longest, this wave count will be invalidated if oil breaks below 67.6, I view this as massive support moving forward.

yes for gold, the sharp rise back to 957 will now put 957 resistance in question, at this rate, if us dollar index breaks down below 78.3, then gold will most likely break above 957, and next target is 971 I believe.

im happy that we pull thru that euro yesterday 4040 held and closed back up 4072, so we have further rally ahead :) the sharp rise in gold, oil and euro is exactly what we needed to see, impulsive move which suggest this is the trend, well DOW isnt moving that is because it has exhusted it self so when every sector pulls back it could drag on dow too, but should rise together for the next leg up

http://i278.photobucket.com/albums/kk118/genmaster/oiltoday-4.jpg

hey, why did you change the values on your PKS, to 21,6,3 ???

so where would it be a good place to buy HOU? 67.6 ?
doesn't it seem overbought now?

[SilverRex]

Originally posted by Dinan


hey, why did you change the values on your PKS, to 21,6,3 ???

so where would it be a good place to buy HOU? 67.6 ?
doesn't it seem overbought now?

welp if this is the direction, it will consolidate no lower than 67.6 if my counts are correct and thus when STOCH is oversold or back to neutral it can resume its up trend.

I've had 21,6 3 setting since many weeks ago, this is a fine tuned setting so that I can see a better reflection of the oberbought and sold cross over. the setting imo is better than the default settings or RSI and MACD and the normal STOCH because they are a bit lagging

[Dinan]

Originally posted by SilverRex


welp if this is the direction, it will consolidate no lower than 67.6 if my counts are correct and thus when STOCH is oversold or back to neutral it can resume its up trend.

I've had 21,6 3 setting since many weeks ago, this is a fine tuned setting so that I can see a better reflection of the oberbought and sold cross over. the setting imo is better than the default settings or RSI and MACD and the normal STOCH because they are a bit lagging

thanks,i'll keep my eye on that and buy some....

so i take it shorting gold isn't a good idea...

[Super_Geo]

I got back into HNU, looking to pick up some HOU...

SR, what are your thoughts on holding these over the weekend?

[djayz]

Originally posted by Super_Geo
I got back into HNU, looking to pick up some HOU...

SR, what are your thoughts on holding these over the weekend?

What did you get into HNU at?

I missed it at 4.30 and just now 4.40. Seems like no luck for me out there today.

[SilverRex]

Originally posted by Dinan


thanks,i'll keep my eye on that and buy some....

so i take it shorting gold isn't a good idea...

not a good idea, I would rather try shorting at 970-971 or buy back when gold breaks 957 and comes back to retest it

[Dinan]

if HNU gets in the .70's i don't think i'll be holding it over the long weekend... what you guys think?

[Euro_Trash]

Originally posted by Dinan
if HNU gets in the .70's i don't think i'll be holding it over the long weekend... what you guys think?

I agree!

[Super_Geo]

I have an order for HOU at 8.80... but I feel like I'm late to the party on this one. However, if you technical analysis wizzes think that oil will run past 70/BBL, I think I have to be on board :goflames:

[Dinan]

Originally posted by Super_Geo
I have an order for HOU at 8.80... but I feel like I'm late to the party on this one. However, if you technical analysis wizzes think that oil will run past 70/BBL, I think I have to be on board :goflames:

i would have waited till under 68 oil at least( if we get there)... another .60 cents down on oi i'll pick some up too

[SilverRex]

Originally posted by Super_Geo
I have an order for HOU at 8.80... but I feel like I'm late to the party on this one. However, if you technical analysis wizzes think that oil will run past 70/BBL, I think I have to be on board :goflames:

given 67.50 should be support, there is the chance oil can still touch it hou should be around 8.60

[max_boost]

Thoughts on TCK.B?

I'm thinking about crashing the stock by buying into it. lol :poosie: :rofl:

I probably won't but just saying haha

[Dinan]

Originally posted by max_boost
Thoughts on TCK.B?

I'm thinking about crashing the stock by buying into it. lol :poosie: :rofl:

I probably won't but just saying haha

if we se it go south will know why now... hahahaa... bnn ppl say wait under 20$ :dunno:

[max_boost]

HOU!!!

Oil wants $70! Do not fight the force!!!

:devil:

[Dinan]

damn! oil is on the move! why can't NG fallow....

i need to be more patient!!!!! :facepalm:

same story with HOD and HOU :(

one of these days i'll LEARN!

[Vanish3d]

still holdin HOU from 7.50 :bigpimp:

Im gonna be greedy and stubborn and keep it till 72+ oil then keep raising stops

[civic_rida]

Wow good job.
I sold mine at 9.03 just now.

[civic_rida]

I wish nat. gas would go up, I see so much potential.

[SilverRex]

Originally posted by civic_rida
I wish nat. gas would go up, I see so much potential.

if you noticed, NG some how doesnt move along with the market in fact I've seen it actually move sharply when all other sectors are in big retreat. Perhaps money that was flowing out of oil gets into NG?

the very fact that NG is still under valued and hasnt truely bottom could suggest this relationship between the main market. always a step behind but still within its technical boundries

[Dinan]

i sold mine at 8.25 :banghead:

ohhhhh man!!!!

[cosmok]

75 still the target SR?

[Dinan]

SR, is your NetDania chart real time or delayed?

mine is from 10-40 min delayed... sometimes the US dollar is real time....

[SilverRex]

^ netdanis oil is delayed im afraid.

i use nymexdatardc.cmegroup.com still

[Dinan]

^^ i use that too... the US dollar is delayed too?? i only get gold real time...

[SilverRex]

Originally posted by cosmok
75 still the target SR?

yup unless things changes drastically

[SilverRex]

Originally posted by Dinan
^^ i use that too... the US dollar is delayed too?? i only get gold real time...

netdania is good for all currency gold and silver

but for oil and NG I use nymexdatardc.cmegroup.com

dollar index is the only one that I dont have real time but no matter I use euro as a reference because when euro moves so will the dollar inversely

[Dinan]

Originally posted by SilverRex


netdania is good for all currency gold and silver

but for oil and NG I use nymexdatardc.cmegroup.com

dollar index is the only one that I dont have real time but no matter I use euro as a reference because when euro moves so will the dollar inversely

i use netdania for the charts... trying to learn from you:thumbsup:

by the way, how did you come up with 75 oil?

is it cause it's the most recent high other then the last 73$ high??



what about for gold, what you think about the 963 level, being a resistance... ?

[Dinan]

not sure if i should hold HNU..... need another 10cents on NG to get my hnu order filled....


not sure if i should....:dunno:

[SilverRex]

does anyone know if the US market will open on monday

[Super_Geo]

Originally posted by Dinan
not sure if i should hold HNU..... need another 10cents on NG to get my hnu order filled....

Yeah I don't know what to do with my HNU shares... I got in at 4.40, might sell before close for a marginal gain. Don't have the nerves to hang on over the weekend...


Originally posted by SilverRex
does anyone know if the US market will open on monday

US/CAN markets will be open on Monday, it's just an Albertan civic holiday (I think...).

[SilverRex]

Originally posted by Dinan


i use netdania for the charts... trying to learn from you:thumbsup:

by the way, how did you come up with 75 oil?

is it cause it's the most recent high other then the last 73$ high??



what about for gold, what you think about the 963 level, being a resistance... ?

could be a possibility but 963 gold will be like 943, while it may be important to some but over all it isnt nearly as big as 957 and the next one at 971

well 75 oil because we have the previous peak at 73.9 which according to my EW count is a Wave III top. and after we had correction down to 58. this new up leg should exceed the previous peak at 73.9, however 75 is sort of like the minimum that it can top out and the market could then roll over while having its Wave V completion. but if the momentum is strong, it could sling as high as 79-81 abouts. so we will see what happens

[SilverRex]

never mind, US market opens on monday, that would suck for trading HOU on monday lol

[Dinan]

so the Canadian market is closed, right?

[Dinan]

Originally posted by SilverRex


could be a possibility but 963 gold will be like 943, while it may be important to some but over all it isnt nearly as big as 957 and the next one at 971

well 75 oil because we have the previous peak at 73.9 which according to my EW count is a Wave III top. and after we had correction down to 58. this new up leg should exceed the previous peak at 73.9, however 75 is sort of like the minimum that it can top out and the market could then roll over while having its Wave V completion. but if the momentum is strong, it could sling as high as 79-81 abouts. so we will see what happens

ahhh i seee.... one more thing... how did you come up with 971 ??


are you going to hold HNU?? yeah it sucks cause its long weekend for us monday.....

[Super_Geo]

Fuck it, I'm going to man up and hold HNU and HOU over the weekend.

I'm worried about gas though... my gut tells me that it's going to open low.

[Dinan]

Originally posted by Super_Geo
Fuck it, I'm going to man up and hold HNU and HOU over the weekend.

I'm worried about gas though... my gut tells me that it's going to open low.

well we got to wait till tuesday....:thumbsdow

[SilverRex]

Originally posted by Dinan


ahhh i seee.... one more thing... how did you come up with 971 ??


are you going to hold HNU?? yeah it sucks cause its long weekend for us monday.....

here the daily chart suggest after completing a wave V top, we are in a bear market with 33 oil being Wave I or A, then we have completed the next 4 waves and are not in motion for a 5th wave Top out, STOCH and MACH are both exceedingly bullish. notice the 38% retracement from 147 to 33 is at 76ish. so at a mere minimum we should see oil get to that level but upper trend channel suggest 80 oil as well as the first wave I length was about 21 dollars. so if our wave V equals wave I's projection, thats 58 oil + 21= 79, notice wave III is the longest. and that is exactly what EW theory calls for longest in the run. so we have between 75-79 range expected

anyways when wave III of the larger trend begins or C which ever you want to call it will be lower than 33 oil. Yes everyone will say wtf yeah right, alberta will be destroyed if we have oil price that low. well I dont want to believe it either, but technically that is how it is playing out, until then lets just focus that for now oil is bullish

http://i278.photobucket.com/albums/kk118/genmaster/oiltoday-5.jpg

[Dinan]

so are you going to short oil at 80 oil??? so oil should peak by mid september, right??

[davidI]

I bailed on my HNU. Should pay for a few cases of beer this weekend =)

[cidley69]

Anyone on here use Qtrade?

[Super_Geo]

Did the CME tracker stop working for other people as well?

[bg_27]

I am holding HXU over the weekend, i sold about half my HXU last week, but holding some thinking that the markets may continue to go up next week.

[Dinan]

wow!!! you guys see OIL and NAT GAAS!!!!

the US dollar broke down BIG!!! whats going on... why did the market have to be closed!!!:facepalm:

[Z_Fan]

LOL won't it be funny if natural gas goes up $0.40 today and then overnight it crashes -$0.50.

:poosie:

I'm holding a fair chunk of HNU, so you know, I'm pissed I can't dump some shares right now.

On the other hand, if it continues, HNU will open very very nicely on Tuesday morning!

[997TT]

I pussed out and sold all my shares of HOU/HNU on Fri afternoon.

I did rebuy HOU right before close (only half the position i was holding) in case oil opened up Tue.

sigh ... love trading with 2x ETF's. Quick to take profits yet always hold for big losses.

NG got up to $4.16 .. now back to $3.90. Still as volatile as ever.... fk i'm dying for the markets to open tomorrow ... so i can lose more money

[Dinan]

Originally posted by Z_Fan
LOL won't it be funny if natural gas goes up $0.40 today and then overnight it crashes -$0.50.

:poosie:

I'm holding a fair chunk of HNU, so you know, I'm pissed I can't dump some shares right now.

On the other hand, if it continues, HNU will open very very nicely on Tuesday morning!


hahahaha, that would suck,i wish it would open at least steady tomorrow and not in red! but the US dollar seems to be oversold, so we could see it run tomorrow?:dunno:

[SilverRex]

well, this is exactly my fear since friday, cant do shit on monday :(

oh well at least our expectation of the market continues, oil up, NG over 3.91 is impressive, price projection would (should) hit at least 4.27 so hopefully that will be the case on tuesday.

While DOW is making a run further. the US dollar index touching the 77.6x is actually quite significant. that level could hold for now forcing other sectors a bit of a sell off.

nothing you cant do till tuesday.

good luck haha :D

[max_boost]

I had to double/triple/quadruple check the screen when I turned on BNN this morning. Oh well, thanks to me selling out of HNU early right?

11,000 TSX tomorrow! :thumbsup:

[SilverRex]

welp if 3.97 NG is the opening price that is about 17% gain on hnu off friday's close DAM

[Dinan]

same here, it got up to 4.16...is this all cause of the US dollar ? or cause our market is closed :D

it seems like we wont be seeing below 3 NG ?