Friday, August 31, 2007
Late Day Thought
I love all the criticism - I once asked the Fly if he wanted me to post here and he said yes. No, he said it was OK
But he is one and the remainder of you have had your vote.
The NYMEX is run by the mob. There are tons and tons of front runnings, back to backing and cuffing the markets by the locals. I have seen it first hand. Some seats will hire people just to watch a big traders phone line, they know its BP's line, Cargill's or Conagra's line. When they know size is about to go through they start front running the big orders before they are even executed causing extreme price fluctuations. You will die young trading nat gas, there is no ryme or reason to it unless you are on the floor or have a really good broker on the floor giving you the scoop. UNG is only good for a LONG TERM hedge against other investments.
for the last four years.
While the markets to continue to climb higher, his proclamations of doom and gloom are about as audible as OTR's posts.
NWN is one of my favorites in that regard, although it's been unbelievably (and uncharacteristically) volatile recently.
I'll use a $1 stop .. its channeling in the rip at its 34 min ema .. it just crossed its inverse stochastal macd with a tea cup rsi 11.4 between the lunar eclipse of jupiter & mars
that and enough of those fucking plastic shoes already
Don't look now but is that OTR with your rock solid someday spouse ?
Of course if you want me back find my e-mail and tell me - otherwise, goodluck - this use to be a great board and after I leave it will return to a great board.
how many times you been married till death do you part?
OTR-- the more everyone tells you to fuck off the more daytrading commentary you give us-- I say post away.
I think Stockhead makes a good point on why OTR should be forced to stick around
I think he feels more comfy in the company of the (mostly, but not all) brain damaged loons and bitter geezers who congregate over there, shaking their canes at the sky and nattering about "the state of the world today."
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