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Message

re: BOIL has become predictable

Posted on 12/24/14 at 9:49 am to
Posted by I Love Bama
Alabama
Member since Nov 2007
37694 posts
Posted on 12/24/14 at 9:49 am to


UGAZ is an animal. Just think of what it has done in a month. It can do the same going back up. I'm hanging tight. I've got 1,700 shares right now.
Posted by Crbello4Hiceman
Lurking
Member since May 2011
502 posts
Posted on 12/24/14 at 10:06 am to
I only have 606 but thinking of picking up more... I just don't know enough like the gurus here about when the next injection report comes out or the contracts roll, etc to know if now is a good time or if we have a potential for movement down next week.
Posted by Louie T
htx
Member since Dec 2006
36302 posts
Posted on 12/24/14 at 10:09 am to
Holy volatility
Posted by southernelite
Dallas
Member since Sep 2009
53151 posts
Posted on 12/24/14 at 10:16 am to
Injection report is today at noon.
Posted by Crbello4Hiceman
Lurking
Member since May 2011
502 posts
Posted on 12/24/14 at 10:21 am to
dang it. Market closes by then. So do we have any thoughts from the pros here on if I should hop in for more or plan on it bleeding out any more over the next couple of weeks while it is still warm?
Posted by sneakytiger
Member since Oct 2007
2471 posts
Posted on 12/24/14 at 10:23 am to
Cash prices at Hub are at their lowest in like 2 years, below 3 bucks

The market has made their mind up on the Jan contract... with weak demand and light volume due to the holidays, I expect the carnage to continue until the Jan settles next Monday. The market will refocus on Feb after the new year. I hope that 10-day forecast posted on the last page comes to light.
Posted by I Love Bama
Alabama
Member since Nov 2007
37694 posts
Posted on 12/24/14 at 11:00 am to
LINK

Report Out

ETA: -49 = WE frickED
This post was edited on 12/24/14 at 11:02 am
Posted by Louie T
htx
Member since Dec 2006
36302 posts
Posted on 12/24/14 at 11:02 am to
& UGAZ immediately plummets to $4.70
Posted by I Love Bama
Alabama
Member since Nov 2007
37694 posts
Posted on 12/24/14 at 11:04 am to
This is going lower. frick this is hard to watch
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 12/24/14 at 11:05 am to
well shite
Posted by I Love Bama
Alabama
Member since Nov 2007
37694 posts
Posted on 12/24/14 at 11:08 am to
At this point we just have to pray for some some really cold weather. This drop is unreal.

I'm literally sick.
This post was edited on 12/24/14 at 11:17 am
Posted by L S Usetheforce
Member since Jun 2004
22746 posts
Posted on 12/24/14 at 11:37 am to
This energy sector collapse through us for a loop, I've bought down to 9.........

Just gonnna have to sit tight and hold out till March.
Posted by I Love Bama
Alabama
Member since Nov 2007
37694 posts
Posted on 12/24/14 at 11:44 am to
I'm averaged in at around 7 with no more bullets left. I'd be happy to break even.

You're right though. Nobody saw this coming.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 12/24/14 at 11:47 am to
Same here
Posted by southernelite
Dallas
Member since Sep 2009
53151 posts
Posted on 12/24/14 at 11:55 am to
:redmann:


At least I'm not alone in my sorrows.
Posted by rintintin
Life is Life
Member since Nov 2008
16157 posts
Posted on 12/24/14 at 12:04 pm to
I have one more buy in me that I can average down a good bit. I've held off hoping to see some semblance of a rebound, but there has been none in sight. I just hope these next couple of weeks don't bring us down to the point of no return.

I'd be ecstatic breaking even, but I'd prob jump out well before then if we see any type of significant rebound.

Can we just have a mulligan please?
Posted by Crbello4Hiceman
Lurking
Member since May 2011
502 posts
Posted on 12/24/14 at 1:04 pm to
Same here. I am trying to decide when to pull the trigger. I'd hate to miss the bottom but at the same time, this thing is bleeding out like crazy. I think I will buy in Friday or maybe next week, unless someone with good insight can advise waiting till contracts roll or something else of that nature I don't know much about.
Posted by sneakytiger
Member since Oct 2007
2471 posts
Posted on 12/28/14 at 4:57 pm to
Is there an update to this chart? Those temps seem crazy, especially for TX and the southeast.
Posted by southernelite
Dallas
Member since Sep 2009
53151 posts
Posted on 12/28/14 at 5:24 pm to
Hopefully we get some action tomorrow.
Posted by bayoubengals88
LA
Member since Sep 2007
18883 posts
Posted on 12/28/14 at 6:34 pm to
Yeah there's an update alright....that long term model missed by about 40 degrees in the east and southeast because the ridge set up too far west.

As a result of the location of that ridge, the Rockies, Great Plains, and Texas panhandle will be bitterly cold (20-40 degrees below average).

Edit- Tuesday High/low temps

Denver 8/-11
Amarillo 22/9
Omaha 8/0
This post was edited on 12/28/14 at 6:44 pm
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