thanks and comment.......................Ljst -- thanks for thumbs up
I last traded HOD in Oct for a little gain and left too soon - to back off
I watch HNU also
could enter for 1/2 to 3 day swing periods ?
ie I think will be flat until June when we can look at
US electricity use for A/C
then next turnup can be say late Aug as the bigger Hurricanes come in
and /or end Sept when storage starts in earnest for winter
( and by then we see effects of reduced drilling)
So all the things TG says on futures ( erosion) will apply through summer
And not buy too soon and hold
Just trade
following on another's post on a stock Beta:
maybe HEU will be safer (in time ) for buy and hold ( no futures)
Also there is little comment on :
Small oil moves ( WTIC) and HOU are really also a bet ( reaction ) on day moves
in the US$ index
which has been stronger for months due to carry trade unwinding and short covering
and a temporary flight to safety
Also that futures chart link I just gave IS the April contract and
it is a plot of price changing during a day ( delayed I expect )
so a little late for intraday entries into HOD
But also watch May etc and the tables others suggest
Regards
U