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TFC Commodity Trading Forum

Re: sold natgas calls for a 25% loss/Ronbo/CJ/Hal

Hi Hal,
Thanks for the thoughts !!

I agree and clearly wouldn't short here, especially with today's action.

I do think Trades charts really paint the overall picture at the moment, but this market may "just be on the edge" of starting to recover !!! Tomorrow will tell a lot more. I don't think that I would do any more than "day trade" this market any way. I think it has a fair way to go before I would be comfortable trying to stick with a position. !!

I closed out at 4.0 when it started to struggle there. I clearly allow that 4.55 would have been much better, but who knows where that dip would go !!! Pigs do get slaughtered !!!

Good Luck and Thanks,