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If anyone here has access to news, can you tell if the oil leak will close the ship channels Houston? If this is only LA, oil shipping should be ok. We get plenty oil anyway.

1 penny is worth $100. A tick is 0.001 and it is $10. There is not much to trade NG, no weather, no storm, no impact from economy. The EIA is all what matters to traders. It can easily go to 50c up or down on a number day. Stop orders make the move even bigger. So stops won't protect the...

+ about $1,900. Was long CL/QM, then long NQ, then short CL/QM. Still learning the timing/entry/exit.

Still short CLN0 w/ other acct at entry of 87.40. Hold for after-hour or tomorrow. To me, this is a profit-taking weak close. On the risk/reward side, there is more downside to upside.

cover at 87.15.

If u look at CLN0 chart, you'll see the market failed to get above $88 a couple of times. If there is anything bullish, M/N spread should go up.

CL goes with equity. Both are off peaks. +1% on equity is enough for now.

I was long CL, long NQ, short NG/QG. The NG limit was put in before EIA. Do not want to be greedy on a number day. Now I'm short CL only. Do not want to touch NG now.

I had NG short at 4.355. Covered at 4.122...

Short CLN0 again at 87.56. stop 40c.

Covered, lose 30 c.

Short 87.14 (CLN0). 40c stop.

First time here. +$1,357 for the day, up $2,990 for the month (6 days). This is the small account I'd like to use to experiment with trading vs position taking. Chang is always hard. Most of PL is from long CL from morning. Long NQ, but no PnL.

Thanks. Forgot the obvious one...

Just checking in to say hi. You folks are doing pretty well. What is the "b/e" you talking about? a technical price? Medium term, CL wants to go up. but it will be very choppy with the Euro news. Good for intra-day, not for overnight.

To have that move, a few thousands contrats not enough. CL is the most liquid commodity market and it is global. You'll see the fat finger with NG, but not CL. Just IMO.

What u talking about? It is Greek downgrade.

As the other poster just said: Greek. Euro jumped from 13295 to 13335, then dropped to 13260. You get the idea. No one cares about NG other than the NG guys :-)

The only time NG was backward was the past winter, for about a month or two. Then the H/J slipped to negative. This is with one of the coldest winters in many years. The last time I checked UNG, it had about $4BB, now is is just about $3BB. I think this is mostly from NAV change. So most...

This is pure speculation. UNG is trading in low to mid $7 now, with the life low at $6.82. With the current trend and the way the fund is set up, there is no doubt that it will drop below $5.00. This will cause a lot of problem in the financial market. With this, UNG may have to do reverse...