chico/fishy/anyone else, can u do some basic tech analysis for a canadian stock
WTN.TO if u use stockcharts.com
just looking for an entry point..it's gone up quite a bit since feb and it's near the mid-high of the upper BB (it may be a bit hard to define a clear range,as it's been recently...
DOE Documents, Consultants' Report Cite Outdated Methodology, Errors in EIA's Weekly Survey
The U.S. government faces "critical" shortcomings in producing its oil-inventory data, according to internal Department of Energy documents, casting doubt on figures that affect the production and prices...
fishy, whats your take on oil...i'm eager to get back in...oil has been hovering around 80 for sometime now and i feel that waiting for it to go lower will only cost me!
yahoo message board...yes the most ridiculous comments come from the board and it's not credible at all
it's a bunch of regulars who post and some seem to be knowledgable and correct when they say these type of things
i do expect this to come back down, it broke through their resistance point...
i hear that the quantom group is manipulating NG and are gonna short the +@%% out of it to 5.50 and make an easy $1.50
this thing is sky rocketing right now and i thought it wuold go down due to dilution...
im staying away from this until it corrects itself
what's your take on NG andy? stock is at 6.82 but they r releasing 175 mill worth of shares @ 5.50
i'm waiting for it to dip big time, looks good long term as they are looking to develop the properties they own
fishy/chico - r there any websites that inform you of key upcoming economic announcements (like today's job numbers)
edit: found it on bloomberg economic calander
how r u seeing a h&S form for SPX ...r u looking at the movement for the last 60 min? even when i checked on bloomberg intraday volitlity, i couldn't fish out a h&S for the last 60 min
surely i'm doing it wrong, as i don't think either of you (chico / fishy) are using bloomberg, and that's the...
-economy recovering
-oil refineries producing oil at highest rate
-big expectations for a summer season ahead
= good news for oil
i have to wait to get in oil, as i think all the above has been priced in already as of late and there is minimal room for gains ...i'd rather wait for a dip before...
^ fundamentally, the company isn't bad. wait until they make use of their extraordinary properties they own and start producing. they haven't produced any gold atm
it can run long-term, yes short-term it is exposed to the dollar, but it can reach a pretty good price if it keeps falling...
esp long-term once rates go up, dollar will go up, commodities will drop
as of now, i don't see any excitment for opening longs - just going to keep playing the waiting games and wait for juicy entry points
(i don't short, too risky for my taste)
what's your take on Nat gas? taking a...