Tenured investors don't get fired up. That style of rhetoric is...

Tenured investors don't get fired up. That style of rhetoric is for retail newbies who become lambs.

• Price action tells you all you need to know about direction, probability and decision points.
• Milestone achievements or the lack thereof tell you all you need to know about historical management performance, probability and decision points.
• Price action on the underlying primary commodity gives you a third and important input, but does not supersede the above.

Having the first two go counter the last, illustrates a fundamental and technical low probability opportunity and high risk of loss. Asymmetric opportunity comes when all three are trending together.

Buyer beware of the pump.