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re: BOIL has become predictable

Posted on 1/27/15 at 1:06 pm to
Posted by L S Usetheforce
Member since Jun 2004
22801 posts
Posted on 1/27/15 at 1:06 pm to
I think you will see UGAZ correlate more predicatably when OIL is above 60 per barrel.
Posted by ynlvr
Rocket City
Member since Feb 2009
4607 posts
Posted on 1/27/15 at 1:26 pm to
I need to bail on this irrational puppy today!

I got in at 3.26 on the 22nd thinking to make bank, and quick. Thought we'd see $4 mark within a week. Week's up Thursday but I sure can't figure what makes this thing tick. Certainly doesn't correlate with the FEB'15. Greedy but not stupid . . . this time.
Posted by sneakytiger
Member since Oct 2007
2475 posts
Posted on 1/27/15 at 1:26 pm to
I found the ticker for the index that the underlying ETN tracks... LINK

Seems to be more in line with UGAZ's performance
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