My ears were burning (ggg)
Man, I leave you guys alone for a few days, and everyone loses confidence in NE? (ggg) Opened at the low of the day and closed almost at the high of the day. Guess, NE can't go up every day, but the move was bullish. Gap will not be filled. Nothing to be concerned about that I am aware of.
UNT, UTI, and NBR should be hopping after PKD's report. Wait for earnings, these stocks should start moving. Keep in mind that these stocks didn't take off last yr or the yr before until mid May.
H. Hub keep powering up. We pulled baclk yesterday, but bounced a little today. Wow , never thought I'd see 2.70 gas this time a year. If coal keeps getting held up due to RR probs, gas is likely to go higher than even I expected. This problem was not factored into my analysis. Looking up!
BTW- anyone pick up any UNT? I'm feeling a little lonely in this cash cow as I never see it mentioned :(
BTW#2- looking for good shorts, anybody got any ideas?
BTW#3- man am I bearish. I now own gold, oil, Japan, and a few shorts. I could be a contrary indicator, but I've never seen a more clear sell signal in this mkt.
Good luck!
-Lucretius |
