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MrHanky

Bears looking less douchy.....

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As far as the miners go, the best move I ever made in the markets was loading the boat on NG at $1.50 in December 2008. In 12 months, that trade made up for the cumulative mistakes I've made in my IRAs over the years. I didn't make the best exit at 5.95 this last December, but I am waiting patiently to see what happens when the price gets back down to the 900 hour MA (approximated on the daily chart by 136 SMA).

 

I just can't imagine that there won't be another vicious shanking ($4.5) on this stock before it goes to the moon again, but who knows? It would be nice to write some naked $5.00 June puts against this puppy....

 

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