MURICO.com Forum

Re: Dewey, you are on the--------
In Response To: Started a new Short ()

correct side-----at the moment, with Feb in position to trigger a weekly chart sell signal for me IF it can close the week below 66.95. There's always an IF. I don't get confirmation for the sell signal until the weekly close is below 66.42. The problem with buy or sell signals is the reflex-knee jerk reaction that happens many times to try and negate the signal. Sometimes there is immediate follow through but the market likes to cause me anxiety with the knee jerks.

I did put on hedges for 25% of production for my producers last Friday @ the 69.95-70.05. We are waiting to see what happens after Thanksgiving for the Dec expiration trade before we start thinking about another 25%.

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Started a new Short
Re: Dewey, you are on the--------