Tuesday Outlook: Commodities, Global Markets [View article]
ur2smart4me: Good point about the rat droppings but most seem to be occurring in and around Washington DC, no? Besides each state has Dept of Health officials counting those droppings.........those dirty rats!!!! And, our new Regulatory Czar thinks those rats should have legal representation since these counts are no doubt an invasion of their privacy.
86999: good point! my staff has been urging me to do this but I'm just a creature of habit but will now yield to what's seems the popular way.
Re Ryu Mei: yes HAL is doing that doo-doo that he does so well.
Thanks, everyone regarding Freddy. A lifetime friend gone is a profound thing for any of us.
As to UNG, the 22 period MA is, from my view only, a critical level of overhead resistance for it. Getting through it decisively may spell a bottom for this horrific move down.
Thursday Outlook: Commodities, Global Markets [View article]
Odds maker Dave doesn't really know. But, I did note a recent headline touting the recent rally as the "best since 1933". The rest of the story so to speak, is what happened thereafter which is too horrific for the MSM to print.
Friday Outlook: Commodities, Global Markets [View article]
Wait means wait if you wish to bottom pick. Perhaps a breakout above the 22 period moving average would be "a" sign to buy. In the meantime, unless you wish to short, stay out.
I once had a CTA trading for my clients several decades ago and he was short sugar. He got short at 9. It went down consistently and when it got to 5 a friend asked, "where's it going....to zero?" The meaning was it was foolish to trade it short from this level. Well, it went to 2 before we got out at 3. That's my bottom picking lesson.
On Aug 14 10:10 AM JGL wrote:
> Can you comment a bit more on UNG? You write wait, but for what? > How should the current wrangling with CFTC and SEC impact this ETF? > What is your view on UNG over the next 6 to 12 months?
Tuesday Outlook: Commodities, Global Markets [View article]
Tuesday Outlook: Commodities, Global Markets [View article]
Tuesday Outlook: Commodities, Global Markets [View article]
86999: good point! my staff has been urging me to do this but I'm just a creature of habit but will now yield to what's seems the popular way.
Re Ryu Mei: yes HAL is doing that doo-doo that he does so well.
Friday Roundup: Commodities, Emerging Markets [View article]
As to UNG, the 22 period MA is, from my view only, a critical level of overhead resistance for it. Getting through it decisively may spell a bottom for this horrific move down.
Friday Outlook: Commodities, Global Markets [View article]
Friday Outlook: Commodities, Global Markets [View article]
Thursday Outlook: Commodities, Global Markets [View article]
Friday Roundup: Commodities, Emerging Markets [View article]
Friday Outlook: Commodities, Global Markets [View article]
I once had a CTA trading for my clients several decades ago and he was short sugar. He got short at 9. It went down consistently and when it got to 5 a friend asked, "where's it going....to zero?" The meaning was it was foolish to trade it short from this level. Well, it went to 2 before we got out at 3. That's my bottom picking lesson.
On Aug 14 10:10 AM JGL wrote:
> Can you comment a bit more on UNG? You write wait, but for what?
> How should the current wrangling with CFTC and SEC impact this ETF?
> What is your view on UNG over the next 6 to 12 months?
Friday Outlook: Commodities, Global Markets [View article]
Tuesday Outlook: Commodities, Global Markets [View article]