Time to bottom pick

Hardest thing to do when you're in a hole is to stop digging?

I hope those fund mount a defense of March like they did yesterday (good call, I had no idea what was happening at the time). I might have sold a bit too early, I'm seeing +$850 now on the spread. I'm waiting here in the bushes with my trigger finger ready to jump in on a dip.

A $2 spread? Jesus.

Wait, is that NINE or NINETY $$ per mmBTU?
 
BTW, I just sold out my feb outright longs as the activity has picked up a bit on the sell side tonight. holding the spreads though. will re enter the feb longs on a downside momentum dryup tomorrow morning. never go broke booking a nice profit!
 
Someone blasted the bid just before 12:30 AM. Was that you, heh.

I bought some feb outright at $7.635 (probably the stuff you sold, hah), will average down some tomorrow.
 
WOW!! NYC spot Transco Z6 is trading $25.00 for tomorrow, and the real weather isn't here until next week!

edit

now trading $30.00
 
Quote from Comanche:

WOW!! NYC spot Transco Z6 is trading $25.00 for tomorrow, and the real weather isn't here until next week!

edit

now trading $30.00
More...

you're not serious are you?

hey how do you get -real-time- cash quotes like that?
 
Our spread has retreated to - $400 to - $500, wonder if I should take it right now.

The DOE Crude Oil report was somewhat bearish with builds in crude, a large build in gas, and a small build in distillate, all builds larger than expected.

I averaged down @ $7.40 this morning on the outrights, but I'm a little worried about crude dragging things down again.
 
Quote from eugenie98:

Our spread has retreated to - $400 to - $500, tehehe.
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i was contemplating adding another one last night when it was around -.09 -- i added one this morning at -.048 instead. much better deal.
 
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