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re: BOIL has become predictable

Posted on 2/5/15 at 2:36 pm to
Posted by dkreller
Laffy
Member since Jan 2009
30466 posts
Posted on 2/5/15 at 2:36 pm to
quote:

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

What I meant was "more" experienced compared to me.
Posted by white perch
the bright, happy side of hell
Member since Apr 2012
7174 posts
Posted on 2/5/15 at 3:32 pm to
quote:

What I meant was "more" experienced compared to me


only by about a month

Posted by sneakytiger
Member since Oct 2007
2480 posts
Posted on 2/5/15 at 4:31 pm to
Unless we have a late season cold blast, I will be very surprised if March-April aren't a bloodbath for NG prices. That said, the weather data I follow says there is good potential for some severe cold Feb 10-20th, particularly in the NE.
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10247 posts
Posted on 2/5/15 at 8:49 pm to
Soon? When? Seems like soon.
Posted by rintintin
Life is Life
Member since Nov 2008
16227 posts
Posted on 2/5/15 at 10:38 pm to
Today was a very interesting day. We saw a horribly bearish injection number, yet UGAZ didn't really budge from the 2.50'ish level, precisely where it was before the report was announced.

On the other side DGAZ finally tested it's most recent high around 9'ish, but couldn't break it but for a few minutes.

This action leads me to believe there is some big money in UGAZ around the 2.50 mark. It was like a brick wall to everyone to riding the bear following the injection report.
Posted by L S Usetheforce
Member since Jun 2004
22806 posts
Posted on 2/6/15 at 8:10 am to
After holding kold and boil in the past and now ugaz and dgaz..... Buying ugaz at 2.50 is a relative home run.

I had kold in 2013 at 36 and sold at 56 only to see it rise to 90 yesterday for a brief period.....


If you can get in on etfs like this at lows they will pay out big
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 2/6/15 at 8:33 am to
Ugaz bottom???
Posted by jlu03
San Diego
Member since Jul 2012
3321 posts
Posted on 2/6/15 at 8:57 am to
Back in @ 2.54. 2400 shares.
Posted by white perch
the bright, happy side of hell
Member since Apr 2012
7174 posts
Posted on 2/6/15 at 8:58 am to
Hope so. I own some of them and I bought some uwti this morning at 3.60
Posted by L S Usetheforce
Member since Jun 2004
22806 posts
Posted on 2/6/15 at 10:52 am to
Perch you missed out uwti was in the 2's on Monday.
Posted by white perch
the bright, happy side of hell
Member since Apr 2012
7174 posts
Posted on 2/6/15 at 10:53 am to
I know, live and learn
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10247 posts
Posted on 2/6/15 at 3:53 pm to
DGAZ prolly has a floor around $2 based on technicals.

Soon?
Posted by sneakytiger
Member since Oct 2007
2480 posts
Posted on 2/6/15 at 5:11 pm to
quote:

Soon?



I'm waiting for $1.5
Posted by southernelite
Dallas
Member since Sep 2009
53180 posts
Posted on 2/6/15 at 5:59 pm to
(no message)
Posted by southernelite
Dallas
Member since Sep 2009
53180 posts
Posted on 2/6/15 at 6:00 pm to
I'mtrying to decide if i should go ahead and jump into UWTI or if this thing has another dip in it.
Posted by z71 Rebel
Orange Beach
Member since Mar 2012
144 posts
Posted on 2/7/15 at 12:35 pm to
Gotta believe there is still another dip left. The supply glut is still there and most likely won't be corrected until this summer.
Posted by jlu03
San Diego
Member since Jul 2012
3321 posts
Posted on 2/8/15 at 5:39 pm to
NG opens up nicely higher.
Posted by white perch
the bright, happy side of hell
Member since Apr 2012
7174 posts
Posted on 2/8/15 at 8:01 pm to
I think tomorrow is gonna be a good day for UWTI and UGAZ.
Posted by white perch
the bright, happy side of hell
Member since Apr 2012
7174 posts
Posted on 2/9/15 at 3:34 pm to
recap today's action

had UWTI I bought last Friday (8 shares at 3.60 (28.80)) and I sold today at 3.90 (31.20)) for a profit of 2.40 (or 8.3%)

I'm still holding onto 21 shares of UGAZ (1 share at 2.50, 10 shares at 2.58, and 10 shares at 4.22)

I know, small potatoes, but this is fun

Posted by I Love Bama
Alabama
Member since Nov 2007
37764 posts
Posted on 2/9/15 at 3:41 pm to
Sold all my UGAZ today for a 10k hit. I'm sticking to real estate.
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