Justin M. Hall 10/19/12 11:55A ET: { Watch Natural Gas! } Longer-term, UGAZ likely heading to $60; UNG could top out at/near $30 by year-end (2012).
10/19/12
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Justin M. Hall: Last Thursday, 10/11/12, I alerted investors to UGAZ, indicating it was a good buy. Since then, UGAZ has gained +7.6%.
10/19/12
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Justin M. Hall: Regarding UNG, I prefer playing the January 2014 calls. Stick with positions that are near-the-money.
10/19/12
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Justin M. Hall: FYI: This morning, we adjusted our trailing stops on UGAZ up to $41.
10/19/12
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Justin M. Hall: PRESERVE CAPITAL, PROTECT GAINS. => We have adjusted our trailing stops on UGAZ from $41 to $42.50.
10/19/12
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Buddaus: I dont know about you guys, the BAC 3m,6m, 1 year chart looks sick. Perfect ascending triangle.....
10/19/12
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Buddaus: up ,02 on a day market geting crushed. 10+ next week looks likely based on Tech.
10/19/12
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Justin M. Hall: I am planning to redesign my site in near future and plan to post detailed updates like this. I'm finding these updates really help others.
Justin M. Hall: It has held up well today. In the coming weeks & months, I firmly believe BAC might just surprise a lot of folks.
10/19/12
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Justin M. Hall: O-Man, outstanding job yesterday with GOOG. That was an impressive gain. I've been expecting the QQQ stocks to come out of favor this year.
10/19/12
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Justin M. Hall: Regarding the QQQ stocks, I'm referring to Biotech stocks. For this reason, I have steered clear of the stocks traded on NASDAQ.
10/19/12
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Justin M. Hall: So, I didn't even see the GOOG sell-off coming. You played it perfectly my friend!
10/19/12
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Justin M. Hall: Keep an eye on Biotech (IBB). Look for IBB to possibly retest its 200-day MA, $127 (+/-). Last check, IBB options were expensive. See BIS.
10/19/12
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Ocean Man: Thanks, not sure if I'm lucky for keeping one put or unlucky for having sold the other 6 earlier in the week LOL.