Day Summary

Markets were down significantly at open this morning but they reversed at noon and closed at near highs. I still feel a tradable bottom is in and I will go long Q's tomorrow if 43.33 todays highs is taken out. I sold all my UNG today at 50 my target for a good 25% gain in about a month. It may go higher from here but sticking to the plan is the key in trading. 50 macthes to about level of 10 in actual natural gas futures and thats a big resistance. I will keep a watch and if 50 is broken considerably then I will think of an entry again.