Can Start Buying Natty Now

gangof4 · Aug 28, 2007

Quote from scriabinop23:

wonder how -technical- this is vs:

A TROPICAL WAVE AND A BROAD AREA OF LOW PRESSURE LOCATED ABOUT
MIDWAY BETWEEN AFRICA AND THE LESSER ANTILLES ARE PRODUCING
DISORGANIZED SHOWERS AND THUNDERSTORMS. ENVIRONMENTAL CONDITIONS
ARE FAVORABLE FOR SOME DEVELOPMENT AS THIS SYSTEM MOVES WESTWARD AT
15 TO 20 MPH. [/B]

what site did you pull that quote from? i don't see that verbiage on the NOAA site.

thanks.

scriabinop23 · Aug 28, 2007

Quote from gangof4:

what site did you pull that quote from? i don't see that verbiage on the NOAA site.

thanks.

http://www.nhc.noaa.gov/text/refresh/MIATWOAT+shtml/281500.shtml

scriabinop23 · Aug 29, 2007

Quote from Spectre2007:

buy signal triggered based on todays movement.

hope you didn't buy the close (or the open). TA doesn't work... not here, at least.

It amazes me how much control the bears have in this contract.

The only way to make $$ is sell EVERY buy signal.

gangof4 · Aug 29, 2007

Quote from scriabinop23:

hope you didn't buy the close (or the open). TA doesn't work... not here, at least.

that's a fact. t/a does matter, but not as much as the weather and when contracts are being rolled.

made a small profit (quite small)- should have been more, stop kept me from a loss though. still hoping for an entry back in @ some point in the season.

thanks for the link above, i was reading another section of the NOAA site.

gangof4 · Aug 30, 2007

a bit confused about the price action. if you look @ soon to be Felix, it's clearly becoming better organized and forecasts are now for it to prolly be a TD friday. odd that the price has trended down.

finger on the trigger...

bunkinc · Aug 31, 2007

I think they have no fear... they're probably thinking even if the storm hits, with so much gas in the ground, how much damage can it do?

Same thing w/ Dean... it barely got over 7... These bears look committed until we get a freakin' ice age comin'! :-)

scriabinop23 · Aug 31, 2007

Quote from bunkinc:

I think they have no fear... they're probably thinking even if the storm hits, with so much gas in the ground, how much damage can it do?

Same thing w/ Dean... it barely got over 7... These bears look committed until we get a freakin' ice age comin'!

i'm onto their game. long oil short NG. they figure the S&D on oil is tighter so its a better long.

Mitch1983 · Aug 31, 2007

Just went long @5.551. Let's see if we can move higher into the close.

scriabinop23 · Aug 31, 2007

Quote from Mitch1983:

Just went long @5.551. Let's see if we can move higher into the close.

its funny. they are pre-emptively selling off anticipating a gap down on sunday. I'll brave it and hold (been holding a while .. not actively trading it).

gangof4 · Aug 31, 2007

Quote from scriabinop23:

its funny. they are pre-emptively selling off anticipating a gap down on sunday. I'll brave it and hold (been holding a while .. not actively trading it).

yeah, the people who are afraid to be long over the weekend are clearly more skittish than the not-so-afraid to be short crowd. i just made a quick scalp playing the bounce after the latest drop. i want to be long, but i don't have the conviction to carry it over the weekend @ this point.