Markets Are Stronger Then I Expected. Natural Gas Is Beginning To Rally
I have just closed my S&P futures with a loss. Market is trading stronger then I expected.Natural Gas is surging and I got in at a fantastic price yesterday so I will have no trouble at all riding it higher. Hecla Mining (HL) and Dynegy inc. (DYN) are doing nicely also.
I am also backing away from the dollar. Dollar is weakening again so I will run away with a scratch trade. But this what trading is all about. Like a professional snooker player, a trader has to always be playing for position. Most of the trades will be small losses and small profits and the ones that really count are a few trades per year.
It was a pretty active week and I am needing a rest. Fortunately things went very well for me this week.
I will leave with one of my favourite musics, one that I always listen when I get home and relax. This is a live performance of Bad Day, from REM. Its my favourite song of all time and I love to play it on bad or good days.
Oil Trader`s Blog is a website for active online futures and stock traders. I will provide my real time trading decisions and my market thoughts on this webpage.
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