Hi Silverbear,
Well, I guess I don't understand this .....
"You've got them brass cahones to be day trading. "
I'm in or out with a mouse click, trade right off my real time chart. If you don't try to chintz on the bid/ask it fills before you can lift your finger on the mouse !!!
Holding, to me, is letting a trade ride through dinner. Market close to re-open at 6pm.
I have done my own little study. I have lost more on wide stops to stay in a trade than I have missed out on by closing out when I go to bed and re-enter next day.
On This:
"Good grief - no bid - .50??? They may need to give it away to get the market going. "
Exxon-Mobil posts earnings next week - that could be the killer for the little guys.
They all need the cash flow to keep the lights on, but they also have to keep the shareholders happy !!!
As long as they have enough liquids with crude at $100 ++ /bbl they can keep putting the gas to market as storage is getting pretty full these days. The mid summer to fall is when the storage issue is viewed to likely become critical unless we get some serious heat this summer so we burn off the
excess.
Not to get into a long story, but Industrial use is picking up and hopefully will keep growing with the more reasonable Ng prices. NH3 (fertilizers) and plastics for example.
If I'm paying attention when she "bottoms" I plan to load the boat !!!!!
Thanks, Lee