dgaz now in 2's again. injection must not be large enough.
Working gas in storage was 850 Bcf as of Friday, April 11, 2014, according to EIA estimates. This represents a net increase of 24 Bcf from the previous week. Stocks were 850 Bcf less than last year at this time and 1,010 Bcf below the 5-year average of 1,860 Bcf. In the East Region, stocks were 460 Bcf below the 5-year average following net injections of 6 Bcf. Stocks in the Producing Region were 418 Bcf below the 5-year average of 789 Bcf after a net injection of 10 Bcf. Stocks in the West Region were 132 Bcf below the 5-year average after a net addition of 8 Bcf. At 850 Bcf, total working gas is below the 5-year historical range.
all's well that ends well. today not bad either. tsl, dgaz, aro. anr, aal; drys.
xco,upl, nugt are 3 i watch closely for re-entry.
Last Thursday was either a beginning of a new leg for Nat Gas or the last shake up prior a drop... 4.64 and 4.51 are critical numbers in my opinion either way. We will know for sure in 2 days but I'm very nervous about my short position. I see the bullish divergence is diminishing for the last few days. I just hope to see some more signs tomorrow. This AM was like a nightmare for me, but ended up ok.
If I could get a hold on to some buying power I would like make an entry to SLV at these levels. I got my butt served to me YTD, would be nice to see some changes going forward.
I have no clue where it will be stop, to be honest I didn't even see this drop coming. MMs do not make things easy for small investors like me, they shake it hard and usually get what they want prior a run. Like acev said, I consider myself lucky if I can catch some of these dips and run with it. And I'm trying it with C and GM from here, have a smaller FB position prior earnings and big short position on Nat Gas that I'm very nervous about.
i don't own gold but a couple more days of this and all my profits will vanish for the year. they push everything in the am then sell it all afternoon. tsl, drys, aro, dgaz, aal, anr. sure looks like the sell may syndrome. gold too.
there is no way to predict. markets react to news over short term. longer term it goes up. it would be nice to catch some of these dips and sell the pops, that's hard too. i keep trying with mixed results. i am trying it with tsl now, still buying here in 11's, making me look foolish if they drop it below 10's. i think we are in sell in may territory, so i may be stuck until december. dec/jan is about the safest time to be long, would be nice to take the next 8 months off.
What do you guys think - where will SPX find support ?
pl post your opinion here.
Me thinks - the lowest SPX will go this round is 1700 - but is likely to bounce back and shoot above 1900 well before dipping as far down as 1700. Max dip is 10% but could shoot back up anytime (even at 1800 level)
For me that means - don't sell long shares. And collect quality shares in one third or one fourth amount around different support levels. REGN, AAPL, INTC, CSCO, MSFT, and quality BioTech.
I don't believe any world leader will allow for more than a 10% correction at this stage. All their years of recovery effort will get washed. And yes they still own the printing press and will force pension funds to buy stocks at every dip.
That's my bet. And yes this is the crazy stock market. What's your position ?
You fat guys can manipulate all you want but soon or later you have to face reality!! The whole things on this market starting with the FED Lady down to MManager are a big manipulation system.
Look at the price of food at the grocery store. Inflation is climbing and accelerating. Then look at our housing market. The rick Chinese immigrants are continuing to pay cash for houses to have a life in America.
Inflation will not be avoidable and everything will go up soon.