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re: BOIL has become predictable
Posted on 1/26/15 at 1:09 pm to southernelite
Posted on 1/26/15 at 1:09 pm to southernelite
Showing NYC with tmeps in the mid 20's, nothing out of the ordinary and 80% of the country is experiencing above average temps. Just don't see a big number this week but props to you if I'm wrong.
2
Posted on 1/26/15 at 1:18 pm to jlu03
isn't UGAZ an ETN based on natural gas futures? If it is, the weather this week should have no impact of the NG futures or the price of UGAZ.
Now, with that said, the weather will have an impact to investor sentiment, so if the price jumps, that's just because people think it's worth more than it really is.
Am I totaly wrong on this?
Now, with that said, the weather will have an impact to investor sentiment, so if the price jumps, that's just because people think it's worth more than it really is.
Am I totaly wrong on this?
Posted on 1/26/15 at 1:18 pm to jlu03
We'll see. I haven't calculated a decision yet. Just kind of thinking out loud. I'm not too worried, as the shorts will quickly recover, I'd imagine, but I just hate leaving money on the table. Going to see how this shakes the next few days and adjust accordingly. You make some good points.
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