RE: Mike
Yeah - I keep thinking if I had held my HGU only 3 short weeks ago... I would be buying that new Bentley I've had my eye on. So rather than give away more sheckles, I can wait 3 or 4 weeks and get all the money back and capitalize on the unknown that always seems to pop up in these markets...
However, I feel it is highly unfair to the rest of the holders of HOU because as long as I hold it it will only go down. The moment I sell... well... I'm sure some of the guys here know that story. It's like I have an extra sense as to when markets are about to collapse or break out... I get the panicky feeling that I will miss the boat or am about to lose my shirt... market is about to do the opposite... LOL... like a divining rod in reverse.
If my oil finding divining rod is ploughing into the ground, that means there would be NO OIL right there at that spot.
This lack of data is quiet frustrating and annoying... especially because I'm collapsing from $3.46... oh well... hold the loss until we get back up if we do. I can't imagine what is going to do it in this market, at least through Christmas...