Trades,
I cannot for the life of me understand how anybody can be long Natgas, especially after such cold weather when it really didn't move. Averaging down has NEVER been a good idea - but there are those on another board who have been buying over the past week since the last report. It's dead money.
Oil hit 85.91 this am. I entered HOD yesterday - still expecting a bounce off 83 - 85. So I'll hold with a very tight stop.
Best,
S