John Pitera's Market Laboratory Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : John Pitera's Market Laboratory

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: John Pitera who wrote (2922)	12/5/2000 12:00:16 AM
From: John Pitera	Read Replies (1) of 33421

As We have talked about since the Spring Natural Gas has been the single best market to make money in this year. The Jan Natural Gas contract had a massive move of over a buck today. This illustrates the potential for a secular bull story to develop for Natural Gas. A single Jan NG contract has gone up over $30,000 since the buy entry point when it returned to the historical breakout area in late Oct. geocities.com this has been a year to expect minor violations of horizontal support areas such as the all time high that NG had @ 4.60 back in 1996. This fairly basic buy/sell 7 and 21 day Exponential cross over system has worked well in trending markets (ie. the NASD has trended, the DJIA has not) geocities.com even without building in additional features such as having the directional ADX level above say 35 on a 9 day basis. (refer to Street Smarts by Radscke and Conner's for a similar formula) John

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next