10:30 a.m Whoa! PACR. Sold 30% at 4.4
10:50 a.m PACR seems to be forming another triangle. Will add more on breakout. Our target is 5.21 eventually.
11.00 a.m Hmm Another lottery from the list below, DRL exploded. Unfortunately without us :-(
11.05 a.m And so did CT, hello, don't leave us behind!!! Stopped out of PACR at 4.3, Cannot complain with 7% in 1 hour. If it breaks 4.5 we will ride again.
11.10 a.m Stalking unexploded ones like IBNK. We may have to leave now for a meeting. We will be back in the afternoon. If you see explosive lottery longs do share :-)
12:50 P.M Short UTX@59.59
4:30 P.M Natural gas made it into our general target area of 2.7 (We believe the low was somewhere around 2.85). That puts our bias into neutral. Trading above 3.7 or so, should be the first signs that a multi month rally in natural gas is under way. Natural gas could even triple under such a sustained advance. This is not a call to buy but a call to watch. If the recent low breaks, 2.7 looms.
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