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re: BOIL has become predictable

Posted on 9/9/14 at 8:16 am to
Posted by I Love Bama
Alabama
Member since Nov 2007
37715 posts
Posted on 9/9/14 at 8:16 am to
Just so I'm clear, you guys are getting into UGAZ right now?

I'm about to jump in with you.
Posted by Judge Smails
Native Son of NELA
Member since Mar 2008
5518 posts
Posted on 9/9/14 at 8:20 am to
quote:

UGAZ


Up 9% pre-market
Posted by I Love Bama
Alabama
Member since Nov 2007
37715 posts
Posted on 9/9/14 at 8:21 am to
frick....nice for you guys though.
Posted by Judge Smails
Native Son of NELA
Member since Mar 2008
5518 posts
Posted on 9/9/14 at 8:22 am to
I'm not in yet - like you I'm here waiting for guidance
Posted by L S Usetheforce
Member since Jun 2004
22763 posts
Posted on 9/9/14 at 10:16 am to
I'm probably gonna sell half my shares of UGAZ today take my profit and wait for EIA tomorrow to rebuy again..........looks like everybody including my guys thinks we beat projections.......

Posted by Ole War Skule
North Shore
Member since Sep 2003
3409 posts
Posted on 9/9/14 at 10:20 am to
quote:

I'm probably gonna sell half my shares of UGAZ today take my profit


exactly what I should do...I'm down 38% in 1/3 of my shares and up 11% in 2/3 I bought last week...unfortunately, greed is setting in and thinking I can get a little more back

I had planned on a trailing % stop loss, but didn't do it....maybe I'll put one in today....8% in a day should be enough to be happy I would think
Posted by rintintin
Life is Life
Member since Nov 2008
16178 posts
Posted on 9/9/14 at 1:50 pm to
I sold half of my ugaz shares today. Had a 15% gain since last Thursday. I'm hoping I learned from the last 6 months that it's a wild ride and there will be plenty of opportunities to buy and sell along the way. I'll always hold that core position until late winter though. Not sure if it's the best strategy, but it'll be fun.
Posted by diat150
Louisiana
Member since Jun 2005
43553 posts
Posted on 9/11/14 at 9:56 am to
whats gonna happen to kold today?
Posted by Ole War Skule
North Shore
Member since Sep 2003
3409 posts
Posted on 9/11/14 at 10:01 am to
quote:

I sold half of my ugaz shares today. Had a 15% gain since last Thursday


nice call
-10% today
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10230 posts
Posted on 9/11/14 at 10:30 am to
I bought UNG bull call spreads today. Jan 2014 21/24 for a net debit of $88 per spread.
Posted by eng08
Member since Jan 2013
5997 posts
Posted on 9/11/14 at 11:34 am to
You think ung will be above 21 by then?
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10230 posts
Posted on 9/11/14 at 11:37 am to
Yes.
Posted by I Love Bama
Alabama
Member since Nov 2007
37715 posts
Posted on 9/11/14 at 12:57 pm to
UGAZ a long term buy right now? I don't have time to day trade with you guys but I'm looking at a 3-6 month trade
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10230 posts
Posted on 9/11/14 at 1:01 pm to
Yes.
Posted by I Love Bama
Alabama
Member since Nov 2007
37715 posts
Posted on 9/11/14 at 1:26 pm to
370 shares at $13.58 executed.

Let's ride.
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10230 posts
Posted on 9/11/14 at 3:04 pm to
You should be good on this trade Bama.

Bama is one SEC we've not beaten. We haven't played them. We have beaten every SEC team we've ever played. Maybe some day we will play Bama. We might or might not win.

It's (almost) all about college football.
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10230 posts
Posted on 9/12/14 at 6:20 am to
After everything thta transpired yesterday, cash settled only .03 lower.
Posted by L S Usetheforce
Member since Jun 2004
22763 posts
Posted on 9/12/14 at 7:16 am to
I bought another 1000 shares yesterday @ 13.55 of UGAZ........I'll play the bump until October if they keeping wanting to play this game........bulls drive the price down until thursday.........bears bump it up with weekly storage.......this has been a good year for me in this sector.........
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10230 posts
Posted on 9/13/14 at 6:18 am to
I'd expect markets to open Sunday night with a sharp downward tick. It won't matter to most of us who have longer time frame investment objectives, but if you're new here and I'm correct, welcome to the world of volitility and the wild bumpy ride that is natural gas.
Posted by Ole War Skule
North Shore
Member since Sep 2003
3409 posts
Posted on 9/13/14 at 6:21 am to
quote:

'd expect markets to open Sunday night with a sharp downward tick.


Why is that?
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