The setups I include on this blog are used in conjunction with the 3/10macd and the criteria I ascribe to it as a way to alert me to an existing condition of price. The key concept to take away from this blog is that I try to anticipate what will happen on the higher time frame by using a faster time frame to trigger the trade setup. I do not trade a "system" I use two indicators to clue me in to price conditions. Please read the Disclaimer located in the sidebar of this site. I can be contacted via email at toddstrade@gmail.com
I am always open to questions, comments, or suggestions on how to improve this blog.
Wednesday, October 1, 2008
UNG
Tried to short UNG today. Would have turned out nicely. Alas, no shares to short. Lame. I wonder if the shorting restrictions will be lifted entirely, or in part, come tomorrow. Anyone have any suggestions for an inverse play of UNG? Speaking of UNG; looks appetizing here, no?
BOTD, I certainly need to utilize options more. Especially if we're going to be regulated with shorts. I'm curious, do you buy or write calls/puts more often?
UNG isn't being regulated on the anti-short list. It probably either is already heavily shorted, isn't widely held enough to have shares available for shorting, or a combination of both :)
Trader m.d. Yeah, I've been having a similar issue with various other stocks. Hopefully they don't impose this rule indefinitely after the 17th of October.
4 comments:
puts on HK, CHK, XTO?
BOTD,
I certainly need to utilize options more. Especially if we're going to be regulated with shorts.
I'm curious, do you buy or write calls/puts more often?
UNG isn't being regulated on the anti-short list. It probably either is already heavily shorted, isn't widely held enough to have shares available for shorting, or a combination of both :)
Trader m.d.
Yeah, I've been having a similar issue with various other stocks. Hopefully they don't impose this rule indefinitely after the 17th of October.
-todd
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