Posted by parkridge77 on 17th of Feb 2012 at 10:59 am
Gassers have really bounced here already from what I'm seeing--
COG, SWN,RRC, DVN even the much unloved CHK even off the
20.41 hit 24s here-- will be interested to see what the
charts are telling you Matt if more room to run on this break
out
No etfs- but DVN trade
Nat Gas
Posted by parkridge77 on 17th of Feb 2012 at 10:54 am
No etfs- but DVN trade idea-- gasser-- - 10 pts. since 2/9 - b/o 66+ & hit 76s here today - one to track on pullbacks-- along with RRC for me-
Gassers have really bounced here
Posted by parkridge77 on 17th of Feb 2012 at 10:59 am
Gassers have really bounced here already from what I'm seeing-- COG, SWN,RRC, DVN even the much unloved CHK even off the 20.41 hit 24s here-- will be interested to see what the charts are telling you Matt if more room to run on this break out
DVN is over 4 standard deviations above its 50D MA
Posted by lessarda on 17th of Feb 2012 at 11:09 am
that's how extended gas stocks are getting - some mean reversion would be good for entries