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re: BOIL has become predictable

Posted on 12/10/14 at 9:01 pm to
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10230 posts
Posted on 12/10/14 at 9:01 pm to
We went up another penny on spot. I'm sitting out tomorrow. Next Thursday also as I'll be on the way to Florida.

Stopping in the Smokey's again to fly fish for trout. I need to post some pictures. Northern Georgia mountains. Very peaceful and serene. Also extremely affordable if you're in to that type of thing.
Posted by L S Usetheforce
Member since Jun 2004
22783 posts
Posted on 12/11/14 at 8:26 am to
Im in Disney watching from the stands....its cold as shite in Orlando if that helps.
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10230 posts
Posted on 12/11/14 at 9:25 am to
Sorry about Orlando. A city I've never much cared for outside of International Avenue and some of the ethnic choices and decent cigar shops found there.
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10230 posts
Posted on 12/11/14 at 9:31 am to
-51. No huge surprise, but the market will provide some excitement at least until 9:40 10 minute delay.

Posted by southernelite
Dallas
Member since Sep 2009
53177 posts
Posted on 12/11/14 at 9:40 am to
Well, this is fun.
Posted by I Love Bama
Alabama
Member since Nov 2007
37715 posts
Posted on 12/11/14 at 9:53 am to
I NEED UGAZ TO GET HOT.
Posted by rintintin
Life is Life
Member since Nov 2008
16184 posts
Posted on 12/11/14 at 10:53 am to
You and almost everyone else in this thread
Posted by sneakytiger
Member since Oct 2007
2473 posts
Posted on 12/11/14 at 11:13 am to
Russia trying harder to prop up the ruble LINK
Posted by TheIndulger
Member since Sep 2011
19239 posts
Posted on 12/11/14 at 11:30 am to
Thinking about cutting losses on my oil stocks and going into UGAZ, but don't know if I can stomach it if gas keeps dropping
Posted by LSUregit
Member since Dec 2013
1620 posts
Posted on 12/11/14 at 11:42 am to
As of today, Im on board @ 8.4
Posted by marklsu
New Orleans
Member since Sep 2008
1476 posts
Posted on 12/11/14 at 1:47 pm to
I value the info I get on this post, as it has been spot on many times...Just thanking everyone. Especially for UGAZ info/convo.

Props from a lurker.

I would like to ask....do we see much more downside in UGAZ? I read a lot of noise other places. The loudest screamers elsewhere think we will see $7.50, or lower prices and that a max is $14-15 at peak for winter. I'm having issues coming up with math for this viewpoint. Any thinkers here support this idea?

I have some shares now, but I'm considering another buy point.
Posted by LSUregit
Member since Dec 2013
1620 posts
Posted on 12/11/14 at 3:23 pm to
quote:

do we see much more downside in UGAZ?



Hopefully not. It's been a falling knife, but I decided to put on my steel gloves today and try to catch it.

No polar vortex, but I'm betting on a spike up eventually for a decent trade.
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10230 posts
Posted on 12/11/14 at 6:26 pm to
euro ensemble is looking hugely bullish. I expected a small rally in to the night, and I think my thought isn't an original one based on uptick.

I loaded long today. I mean I fully loaded.

LINK
Posted by I Love Bama
Alabama
Member since Nov 2007
37715 posts
Posted on 12/11/14 at 6:43 pm to
Love your insight. Thanks
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10230 posts
Posted on 12/11/14 at 9:19 pm to
Cash up, future's up marginally. People trading the colder weather pattern. I'm in and already out half my position this evening.

It's be close if my $4.50 Jan gas pays. A long way to go, but at least after the last couple of days it has a chance. No idea, or at least not a good idea how or why the etfs react the way they do. That's why I buy so far out on the etf's. The futures I can cap at a loss of a nickel, or $500, and make the same amount in less than a day.

It has been really tough lately. I've went in and out quickly, and only on certain weather indicators. Get up .02 .03 and out. I have my doubts about a steady upward move right now, and I'm guessing everyone else does as well because that seems to be the game. No one believes in the bull yet.

When Use the Force back from Orlando to help me keep the faith?
This post was edited on 12/11/14 at 9:21 pm
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10230 posts
Posted on 12/12/14 at 7:42 am to
Half of the remaining half out at about .09 gain.
Posted by southernelite
Dallas
Member since Sep 2009
53177 posts
Posted on 12/12/14 at 8:05 am to
Posted by b-rab2
N. Louisiana
Member since Dec 2005
12577 posts
Posted on 12/12/14 at 8:27 am to
up 7% premarket
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10230 posts
Posted on 12/12/14 at 8:35 am to
I'm holding out for $3.90. I've taken a huge profit, but I don't believe it is over. F expires in a matter of day (trading days)m, and shorts are going to have to start to cover.

LINK
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10230 posts
Posted on 12/12/14 at 8:37 am to
So everyone can sing along:

Well, I know what it is
But I don't know where it is
Where it is
Well, I know where it is
But I don't know what it looks like
What it looks like
Well, I know what it looks like,
But I don't know where she comes from
Well, I know where she comes from,
But I don't know what's her name.

(and she said) This is a perfect world
I'm riding on an incline
I'm staring in your face
You'll photograph mine

And I've been walking, talking
Believing the things that are true
And I've been finding
The difference between right and wrong...good and bad
See me put things together
Put them back where they belong
Am I just like the others
Have I always been singing the same song

[CHORUS]

Somebody said that it happens all over the world
I do believe that it's true
And the sun's coming up
And we're doing all the things that we should
Doesn't everbody here believe in the things we do?

(And she said) [CHORUS]

It's a strange situation
What's wrong with you?
Baby...baby...baby
What you doing in my house?
And it's all true
There's nothing wrong with you

(And I said) [CHORUS]
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