Buying opportunities arising

[Palm]

We should start a new thread: GS, for the quiet moments and track all of the GS predictions. This AM they cam out and said that market will be flat over next year. They must have some cash to get into these markets.

What we have here is a failure to conceptualize.

WGCPARIS2015 June 01st-05th  The World Big Picture of Natural Gas

4000 delegates...100 countries...500 speakers. Will listen closely to this symphony.

Not some gaggle of GS equity trading boys.

Architect of the Park Hyatt is French. AGM meeting moved up a week. Two week US roll out. Can one hear the what in when?

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Massive conference Tucker. These people (including Total who's playing a major role) don't listen too closely these IBs and their projection. They call them to help round up money for the projects, but have their own better understing of the markets.

http://www.wgc2015.org/conference/

[Palm]

Had to snag a few more traders here. Two tempting.

[admin]

Had to snag a few more traders here. Two tempting.

Yea, bit surprising to see lit flat with oil up 3%

[Palm]

I think your comment the other day about some sector rotation was correctamundo. With the GS comments, even though there was buried positive info on IOC it got caught up in some negative rotation. Initial drop was worth snagging some shares and then yesterday's much lower volume (two me) indicated much of that was done. Of course GS made sure they were out first before issuing that report (even though research and trading desks are separated by requirements. Excuse me while I puke on that one). So I figured we would see a little more down (barring something unusual to the negative) as some laggards flush some shares, and we should start another ST move up. Perfect for trader shares. Have some more dry powder just in case.

[admin]

I think your comment the other day about some sector rotation was correctamundo. With the GS comments, even though there was buried positive info on IOC it got caught up in some negative rotation. Initial drop was worth snagging some shares and then yesterday's much lower volume (two me) indicated much of that was done. Of course GS made sure they were out first before issuing that report (even though research and trading desks are separated by requirements. Excuse me while I puke on that one). So I figured we would see a little more down (barring something unusual to the negative) as some laggards flush some shares, and we should start another ST move up. Perfect for trader shares. Have some more dry powder just in case.

Yea, hard to disagree here. The movements are fairly small though but enough to play around a bit

[Palm]

Yeah not talking day-trading but "month" trading. For instance in March bought in low 40s and sold in April around $52. Something to do while IOC is playing in the fields.

The times to buy are when pps has dropped to point where people here are getting very vocal or when something like this (GS comments) happens. Then you sell when people are starting to get giddy again, or you have a nice ST profit and repeat. Seldom IOC pps doesn't swing a bit over a month or too.