Good Morning,
Crude Oil surging as is natural gas thanks to reaction (or perhaps overreaction?) to Tropical Storm Wilma. Be advised that some times storms that form in the central carribbean this time of year have a habit of meandering around in all directions...so until some sort of northward component of motion developes...watch and trade carefully.
Looking for a firm tone in all things energy at least to start the day.
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About Me
- joewxman
- a meteorologist with a knack for trading and investing in MLPS! I also like horse racing, enjoy cigars and a good port wine.
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1 comment:
Last week's drop is a good demo of prices rightfully lightening up a bit, and then spiraling down as investors get spooked and stop losses get taken out. Today's action is showing how profitable playing that right can be. I sat on the sidelines and watched (not selling), but it was entertaining.
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