Slow erosion for the tech stocks here. Post War Economy Blues?
Gold is taking off w/out me loading the boat, played it too close, if $Hui breaks above 128 on the second try here, I'll play the break to the upside. Missed my reload the other day on GTC low balls by pennies, oh well.
Mouf, thanks for the heads up on the post blizzard weather report, natgas going into slow season, but I'd recommend buying during the summer on any substantial, seasonal dips as supply is lowest in 10 years and replenishment for next winter season will be inadequate to meet demand.
Here in California, more new homes are heated AND cooled with Natgas and 65% of all electrical power is now generated by Natgas fired power plants, most of the supply from Canada. Check out Oil/Gas trusts for 'buy on the summer dip'. Yields are 15 to 20% per year and dividends paid out monthly. Can be purchased thru international desk via Toronto exchange. I'm looking to add at 50 and 200 day MA's during the warm season.
Now we are at MaxPain on QQQ, at least according to eyeball read. They still have time before expiry to bring it down again, below Pain level before a pre-expiry lift to kill puts/calls that are ITM.
Where are the New Bull Market people?
Looks like the same old trading range to me, in a continuing Bear Market.
Good luck trading all. Taking a break to Mendocino village on the Coast, beautiful in Springtime.
James |
