Can Start Buying Natty Now

Quote from scriabinop23:

wow... I guess the psychics at your local short NG hedge fund have blessed the gulf with no hurricanes and the entire continental US with no more warm weather.

what a joke.

i would've never thought a 1.00 selloff in the face of an active CAT5 sitting in the gulf proximity (even though the path is not good for rig destruction). Market is acting like not one short has any desire to cover. This market -never- fails to surprise.

Either the shorts are ballsy, or there are no shorts, and NYMEX OI #s are a farce. (aka ICE swaps may cancel them out??)

Complete randomness.
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This is a ONE WAY market, no short covering what-so-ever on the bell!
 
Quote from Surdo:

This is a ONE WAY market, no short covering what-so-ever on the bell!
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really bizarre, frankly.

anyone here think tommorow will bounce back?

bought a 6.035 with a stop at 5.82
 
Quote from Surdo:

This is a ONE WAY market, no short covering what-so-ever on the bell!
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I shorted yesterday ......to much momentum to the downside right now.......it feels like they may get this thing down to 4.50......:confused: :
 
Quote from scriabinop23:

really bizarre, frankly.

anyone here think tommorow will bounce back?

bought a 6.035 with a stop at 5.82
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Good luck, I am not trading this nuclear waste until I see a little consolidation and the bleeding slows down! Perhaps $5.50 - $5.75 a scab forms?

el surdo sambista
 
Quote from Surdo:

Good luck, I am not trading this nuclear waste until I see a little consolidation and the bleeding slows down! Perhaps $5.50 - $5.75 a scab forms?

el surdo sambista
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good call. stopped out.
 
You notice it rallied 100 tics, the second I said I WAS NOT buying it yet!

I got a buy signal on a 15 minute which was that POP, I am waiting to see signals on a 30 and 60 to confirm a base forming.
 
Well it's getting tough to hold now...
Natty does not seem wanting to bounce back. damn it. Technical Analysis is not giving me any up indicators moreover. Is it heading to 5 or what ?
 
Quote from Sequoia:

Well it's getting tough to hold now...
Natty does not seem wanting to bounce back. damn it. Technical Analysis is not giving me any up indicators moreover. Is it heading to 5 or what ?
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I think it fills the Sept 06 gap...( cash 4.50 or so )....im short and will reverse there....if i get that fortunate:confused:
 
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