Agreed. However, idk how much this is honestly trending with economic
calendar data because petroleum saw a build in inventory and natural
gas saw a smaller than expected decrease in inventory. Build in
petroleum is slowing, but it is still building none the less all while
IXC has posted gains in the last two days.
I think the data we should really be looking for is corporate news and
keeping our eyes pealed for "unknown unknowns."
On Feb 9, 12:26 pm, Phil Matta <
matta.phi...@gmail.com> wrote:
> I'm not sure how I feel about this yet.
>
> My thinking is that we should peak at the Economic Calendar and see if we
> see anything in there that could disrupt IXC. For example if we see
> something in two weeks that may disrupt its current pace then maybe we act
> in 1 week and 6 days but maybe not right now.
>
> That's my personal opinion. Unless we see higher growth rates in another
> ETF, and we don't see a future disruption in IXC's growth it doesn't seem
> logical to back out.
>
> Let the debate begin.
>
> Phil
>
> On Thu, Feb 9, 2012 at 11:28 AM, Chris Kuntarich <
ckuntar...@gmail.com>wrote:
>
>
>
>
>
>
>
>
>
> > Hey everyone,
>
> > Our exit strategy has been for commodities to close positions after
> > they have reached a 5% gain. IXC hit that mark today, but I'm not
> > sure that our energy position is worth closing right now. For the most
> > part energy has been strong with the sever cold in Europe and the
> > threat of supply problems in Iran. Banks are keeping the markets very
> > liquid right now so one way or another volatility will remain pretty
> > low. Any opinions (hopefully backed up) on whether we should stick to
> > our exit strategy or change it.
>
> > Ideas on more profitable uses of $127k will also count for reasons to
> > exit.
>
> > Thanks in advance for your opinions everyone,
>
> > Chris
>
> --
> Phil Matta
>
matta.phi...@gmail.com