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As you know I bought October Natural Gas Futures last week at 2.500, very near the bottom. On friday the natural gas futures spiked higher more then 8% and I had no trouble at all in riding it higher. I am still holding it for higher prices with a stop a little above my entry price to secure a part of my profits no matter what. Anyway I think a major long term bottom in gas prices is already in.
Today I will take the day to watch the US Open. Nadal, Tsonga will be in action today and I am looking forward for the night session where the ressurgent and always spectacular Taylor Dent will meet forces with the brit Andy Murray. I love comebacks and I still remember when Jimmy Connors made a comeback at 42 years old and sent the US Open crowds wild with his fantastic play.
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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