This weekend I had a discussion with DinosaurTrader. I offered to observe him while he trades so that maybe I could offer some tips about what he’s doing wrong. He took me up on the offer. Below is a clip of him trading just after the opening bell.
This is wicked funny…
You can find many more containing the same degree of hilarity here. I personally recommend this one and this one.
Natural gas has been acting solid in the last few weeks. Here are some charts. There are several break-outs on the longer term charts if you care to look. Check it…
$NATGAS
UNG
GMXR
DVN
ECA
UPL
EOG
RIG
APC
NGAS
CHK
NBR
My favorites are stocks that appear to be attracting increased volume over the last several trading days, NGAS and GMXR for example.
Please pardon the Ducatiesque nature of this post but I thought it would be useful to post an interesting article describing one of the reasons the market is weak, and a catalyst for it to remain weak. Hedge funds in trouble. Not exactly a big surprise but something to keep in mind when you’re pressing [...]
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