WOW!! >>>>In the meantime, I'm ready to play the reports in the morning and Thurs. a.m., if they show some bullish stats, for some strong intraday spikes. This cash is burnin' a hole in my pockets!<<<<<
And there I sat at 9:29:55 this a.m. with an order set up on THE, put all my cash on it @ 34.23, in & out all the way up to 34.94, with a net gain of .58 on the 2 trades in less than 30 minutes! That probably amounts to peanuts to a lot of you posters, but to this ol' codger, whose ST day trading efforts have yielded mostly small losses the last several months, it's virtually Manna from Heaven. Persistence, hope and faith that this market would eventually start responding to bullish indicators does indeed pay off....the bright and sunny side still exists!
Now to try the same tactics in the morning with a gassy driller if we see (as I suspect, given the national weather) a bullish injection - or, who knows - even a DRAW?....a PTEN, GW, or maybe even a NBR (which is acting very contrary this a.m.?)
And then, if things like those I stated in the referenced post come to pass, I may sink all that cash into my chosen Fab Four on a longer term basis....PTEN, OIH, GW, EOG. I'm sure lookin' to get aboard and just sit back and ride awhile!
And, Que....ol' PTEN is sure lookin' good off that CL inventory report,....imagine what it may do with a bullish NG report, and an estimate beating earnings report! $35.00 may not be enough!
Sorry for all my ebullience....it's been a long, hard summer! And ol' greenie and streetsmarts were really stretching my patience! :<))
Oh, and greenie....glad to see you are back to seeing the sun shining on this side, finally! As I print this, OIH is up over 3%. Hang tough, ol' pal!;<;
Buck
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