Back From Blog Holiday (& Summer Hiatus)
September 9th, 2009 Posted in UncategorizedHello again, All:
August tends to be a lethargic month when it comes to trading. Once Labor Day is behind us, we typically see a renewed focus on all things trading. This is why I took a hiatus in August from this blog. Now we're back in action.
I'll be coming to you shortly with a review of recent action in the markets. Then we'll talk about what's to come.
There is one trade I do see sizing up. It's a momentum trade in Natural Gas. October Natural Gas got slaughtered in the month of August, and is only now experiencing some sort of a bounce. I like working the direction of the prevailing trend when a market fisrt offers a 'semblance of a correction.
To that end ... here is the specifics of the recommendation: