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re: BOIL has become predictable

Posted on 4/30/15 at 6:23 pm to
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10247 posts
Posted on 4/30/15 at 6:23 pm to
Slackster is correct in my opinion. Leveraged etn's and etf's are for short term trades.

FWIW, I do exactly what he says and pick an average price point of forward contracts.

I'm going long natty gas soon. Likely UNG. Possibly leaps until 2017 if I can get correct pricing. Possible selling puts to collect income, and/or reduce cost of entry if shares get put to me.

Posted by white perch
the bright, happy side of hell
Member since Apr 2012
7174 posts
Posted on 4/30/15 at 8:22 pm to
quote:

I do exactly what he says and pick an average price point of forward contracts.


quote:

Likely UNG. Possibly leaps until 2017 if I can get correct pricing. Possible selling puts to collect income, and/or reduce cost of entry if shares get put to me.


dude, I'm sure you know what you're saying with all of your posts and that they make good educated sense to the seasoned investor, but most of the time I have no idea what you're talking about


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