Thursday, August 27, 2009

ERF vs UNG

ERF if you guys were up we got u out of that trade for a nice profit and a chance to rebuy after i sold it was bid at 21.09 this is a better way to play natty where the drilling never stops and they have no place to put the gas
I also got u out of natty o time no one should have lost more than 2 cents at most
we have als9o guided you through two winning oil trades as it stabilizes within stopping distance of my entry and with alittle finesse that I expect from traders in my group now within pennies of the bottom
WSonoma looking good
Jcrew play we will see after the close our bets are in
we bought this pullback like x at 41.9 just days ago 46 this is a just a trade steel down in sympathy with chinese steel that got crushed overnight and over the past sessions


3.09 we are buyers oct natty the qg doesn't lose as much or make as much but that is the range
for now this would be the s4 if we measured it out here this is also the critical juncture we stop
at 3 and look to get long in the real contract 2.5 if it goes there