A bit contrarian perhaps, but I still see a significant rally today, ahead of the report. Thought I was half nuts for not unloading a small position yesterday around 3.96. It bounced off 3.90 overnight, 3.90 looks to be supportive. Might have a 3.92-3.95 range game Wed. if it does not break to higher levels. There are the fundamentals, but the MMs can get in at any time and alter the rules. Throw the charts and the storage data away at that point. IDK, watching it linger around 3.91 and consolidate overnight, bullish omen. Its being propped. If doldrums today, I hold until Fri. or Mon. Not staying down forever. Ill grab some puts late Wed or early Thurs at any rate, to ease any short term suffering w/ respect to the small call position. Money to be made shorting gas on report day. Keeping a different schedule these days. Plenty of rest, different hours.
Posted on: Wed, 08 Oct 2014 08:23:50 +0000
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