Posted by parkridge77 on 11th of Sep 2012 at 03:10 pm
XX- not in Boil- but one suggestion would be to look at charts
in last night's newletter-- natgas & Boil charts- I see
measured move projection BOIL is 48 based on chart pattern- but
doesn't have to get there
I have a few gasser trades on- COG, RRC- too half of RRC on pop
today of4 pts. but holding rest
xxnileshxx- kind
of depends on you and your style. if you are a quick trader
you could lock gains in now, or if you wanted to swing it you could
either hold with a stop, or perhaps sell 1/2 or 2/3 to lock in some
nice gains and let the rest ride with a wide stop in case. I
locked in some gains, that's just me, but I still own a bunch and
the chart is strong for now, but realize BOIL is volatile, strong
moves
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What is everyone's take on
Posted by xxnileshxx on 11th of Sep 2012 at 02:53 pm
What is everyone's take on BOIL should we take profit here or it there room for some more gains.
I took 1/3 off. Kinda
Posted by frtaylor on 11th of Sep 2012 at 03:33 pm
I took 1/3 off. Kinda wish I hadn't, as I think it's gonna run. I think we saw the bottom last spring.
XX- not in Boil- but
Posted by parkridge77 on 11th of Sep 2012 at 03:10 pm
XX- not in Boil- but one suggestion would be to look at charts in last night's newletter-- natgas & Boil charts- I see measured move projection BOIL is 48 based on chart pattern- but doesn't have to get there
I have a few gasser trades on- COG, RRC- too half of RRC on pop today of4 pts. but holding rest
xxnileshxx- kind of depends on you
Posted by matt on 11th of Sep 2012 at 03:09 pm
xxnileshxx- kind of depends on you and your style. if you are a quick trader you could lock gains in now, or if you wanted to swing it you could either hold with a stop, or perhaps sell 1/2 or 2/3 to lock in some nice gains and let the rest ride with a wide stop in case. I locked in some gains, that's just me, but I still own a bunch and the chart is strong for now, but realize BOIL is volatile, strong moves