Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

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Justinfo

To: Justinfo who wrote (66134)	11/25/2014 7:13:19 AM
From: Mevis	1 Recommendation Read Replies (2) of 218713

BOIL and UGAZ - creative symbols huh?.....my plan is to start easing back in today - with the expectation of slightly lower prices into early December. This market especially has ADD and folks like to think they are ahead of the curve by watching the weather forecast. Forget it. The only thing worth peeking at is the 10-14 day temp outlook for extremes. If there is a furnace predicted, I tend to be a bit more patient going long. On a TA note....watch the daily candles on UGAZ. I find they are very helpful as far as following the so called reversal rules at the bottom or top of a mini/macro trend...hammers, dojis, engulfers, etc etc. that's good because UGAZ is a jumping bean so u have to be careful.

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