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re: BOIL has become predictable

Posted on 1/30/15 at 1:48 pm to
Posted by b-rab2
N. Louisiana
Member since Dec 2005
12577 posts
Posted on 1/30/15 at 1:48 pm to
is there one on the horizon?>
Posted by L S Usetheforce
Member since Jun 2004
22784 posts
Posted on 1/30/15 at 2:11 pm to
Jlu has figured it out.....I unfortunately got caught on the bubble.....I'd be buying price points at 2.60 all day.

Posted by white perch
the bright, happy side of hell
Member since Apr 2012
7139 posts
Posted on 2/3/15 at 8:16 am to
UGAZ/DGAZ are flat this morning. Think I'm gonna stay out today and get some UWTI
Posted by white perch
the bright, happy side of hell
Member since Apr 2012
7139 posts
Posted on 2/3/15 at 8:45 am to
On second thought, I'm just not gonna play today.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 2/3/15 at 8:48 am to
Wouldn't want you to lose all your money
Posted by jlu03
San Diego
Member since Jul 2012
3320 posts
Posted on 2/3/15 at 11:53 am to
Anyone have an idea why NG just took off?? At work and can't really do too much research. Not complaing, I'm in at 2.69. Just curious.
Posted by white perch
the bright, happy side of hell
Member since Apr 2012
7139 posts
Posted on 2/3/15 at 12:30 pm to
No idea why but I had some at 2.90 and 2.75 I just sold for 3.00.

Still waiting on 4.22 so I can unload those shares.
Posted by southernelite
Dallas
Member since Sep 2009
53177 posts
Posted on 2/3/15 at 12:35 pm to
Oil is trending up too.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 2/3/15 at 12:50 pm to
#thebottom
Posted by white perch
the bright, happy side of hell
Member since Apr 2012
7139 posts
Posted on 2/4/15 at 7:39 am to
Looking like today may be a DGAZ day



ETA - well, maybe not
This post was edited on 2/4/15 at 8:17 am
Posted by jlu03
San Diego
Member since Jul 2012
3320 posts
Posted on 2/4/15 at 8:47 pm to
Sold my UGAZ position yesterday after the quick run up. Made 10% and I'm out until after the report tomorrow. Expect another low number as most of the country was in above average temps last week.
Posted by white perch
the bright, happy side of hell
Member since Apr 2012
7139 posts
Posted on 2/5/15 at 8:47 am to
just bought some UGAZ at 2.58, let's see how today goes

Posted by white perch
the bright, happy side of hell
Member since Apr 2012
7139 posts
Posted on 2/5/15 at 12:00 pm to
Seeking Alpha

article about UGAZ having a bright future
Posted by dkreller
Laffy
Member since Jan 2009
30333 posts
Posted on 2/5/15 at 1:48 pm to
You seem to be an experience trader. Yesterday I bought into BBL, UWTI, UCO, and UGAZ. I did a good bit of research before committing, but what is your opinion of these long term investments? This is my first market investment other than my ESPP. Obviously I didn't invest more than I could afford since I'm just getting my feet wet.
Posted by white perch
the bright, happy side of hell
Member since Apr 2012
7139 posts
Posted on 2/5/15 at 2:05 pm to
quote:

You seem to be an experience trader


This is your first misconception. I have, at best, a very vague idea of what I'm doing.

quote:

but what is your opinion of these long term investments?


I day trade UGAZ and DGAZ for fun. This was not possible before Robinhood (commissions would've eaten any profits made). I do not hold these for any more than a day or two if I can avoid it. My long term investments are all mutual funds held in retirement accounts or stuff like that.

quote:

Obviously I didn't invest more than I could afford


Me either. I know that I don't know what I'm doing so I didn't get in over my head. I actually have only $100 invested in UGAZ and DGAZ. This was a smart move on your part.

quote:

I'm just getting my feet wet


Me too, good luck

Posted by thatguy777
br
Member since Feb 2007
2386 posts
Posted on 2/5/15 at 2:06 pm to
He has been trading for a few months. At best
Posted by jlu03
San Diego
Member since Jul 2012
3320 posts
Posted on 2/5/15 at 2:06 pm to
No idea what to do at this point. UGAZ is so low right now it just makes sense to buy here but then again I don't see any cold weather that will cover a good portion of the nation. I know the NE will see an Arctic blast but that is strictly for the extreme NE US. The rest of the country will see average to above average temps the next 10 - 12 days. The Warren Buffet phrase comes to mind here... Be greedy when evryone else is fearful.
Posted by white perch
the bright, happy side of hell
Member since Apr 2012
7139 posts
Posted on 2/5/15 at 2:10 pm to
quote:

Be greedy when evryone else is fearful.


That's what I did today. We'll see if it pays off
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 2/5/15 at 2:12 pm to
What makes you say UGAZ is "low"?
Posted by jlu03
San Diego
Member since Jul 2012
3320 posts
Posted on 2/5/15 at 2:22 pm to
It's PPS. Could easily see more downside but I would have to think we are near the bottom on oil/NG.
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