Natty

Discussion in 'Commodity Futures' started by PAPA ROACH, Oct 29, 2008.

  1. pull up a 60 minute chart. I got in at .03 last week it went all the way to .10 or so. back to .7 back to .9 now its at .45. Ive had good success with it. It hasnt done anything today though, so i can see why you are confused. I also got in dec/jan RBOB today. That is working well thus far
     
    #71     Nov 12, 2008
  2. Thx I got it now. RT, great buys last week @ almost flat. Keep it up. I'll check out the RBOB spread. thanks.
     
    #72     Nov 12, 2008
  3. got out of RBOB this morning, it financed my losses in H/J c'est la vie. They are hammering the bid on everything it appears. The spooz was up when i left for my office and when I got here down 30 points!! holy cow. Hope eveyrone is making some dough today. Any thoughts OG or papa?
     
    #73     Nov 13, 2008
  4. noticed something strange, while natty rallied H/j has basically statyed static up off the lows but when natty was at 6.40 earlier today before the sell off h/j was at like 3 cents or so. Back up to 6.40 and h/j is still at like one.5. Hmmmm makes a guy wonder, buy buy buy or sell sell sell. Any thoughts on why it hasnt moved??
     
    #74     Nov 13, 2008
  5. I hear you. Don't know if this can be taken negative. I don't trade physical and stuff so am not up to date on fundamentals. May be some of the others will comment.

    PAPA was saying to load up if goes -.10 ??
     
    #75     Nov 13, 2008
  6. yeah im, not sure i was watching it closely today fairly large bids right around parity. did you catch anything today lynx??
     
    #76     Nov 13, 2008
  7. nothing in natgas today -- I was watching the h/j spread though but didn't want to stand in front with all the selling. I occationally trade natty trying to capture 10 cents moves -- have been looking for a point to go long last few days but didn't pull the trigger. I agree with you that the h/j wasn't signalling any bullish moves - may just be front short covering w/ the equities rally??


    Any thoughts on natty here guys?
     
    #77     Nov 13, 2008
  8. that could very well be it, I got a ew of these spreads put on around parity. Well see how she goes. Natty chart really doesn't look very good
     
    #78     Nov 13, 2008
  9. yeah natty really crashed since July and still in that downtrend. Only positive is the downside momemtum seems to be abating (when you check rsi, macd stuff on weekly and daily).

    Best w/ your H/J s.
     
    #79     Nov 13, 2008
  10. not doing much today, I dont think ill do much trading today. Just hang out and read
     
    #80     Nov 14, 2008