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re: BOIL has become predictable
Posted on 2/26/15 at 2:22 pm to white perch
Posted on 2/26/15 at 2:22 pm to white perch
Well for Ugaz I think the draw was a little lower (or higher depending on which way you look at it) at -216 than expected. I think many were hoping for the -250 range. Alot of the price was apparently already baked in with the small run up over the past couple of weeks. Winter is almost over, so I guess people are jumping ship.
As for oil, I have no clue, I don't follow it very much, but the two have seemed to coincide lately.
As for oil, I have no clue, I don't follow it very much, but the two have seemed to coincide lately.
This post was edited on 2/26/15 at 2:23 pm
1
Posted on 2/27/15 at 12:41 pm to rintintin
I bought UGAZ at 2.73 and it hasn't gone above that since then. Should I sell for a small loss or hold over the weekend. I know holding is usually a bad idea but for short term (2-3 business days) I think it'll be alright. I think UGAZ should go up from here.
What does the great mind of the MT board have to say?
What does the great mind of the MT board have to say?
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