Originally Posted by op1kenobi
more bullish, every time I look. That was quite a head fake today, should have never got back in D. (thought it would even out around 2.72). added 1 U right at the close!
I think anything sub -160 will have a bullish effect, not sure how intense or sustained tho.
I think, it has never been safer to be bearish, with no cold, massive spread, coal guys dont want to lose business, tons of storage.... the only thing left is, oh, nothing left except surplus and deep pockets. I may just ignore the report and look for the gap to close which has never (to me) been healthier. Please tell me where I am wrong, but at least I am saying it.... I am bearish looking 1-2 weeks out.