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Message
re: BOIL has become predictable
Posted on 5/29/15 at 10:21 am to Iowa Golfer
Posted on 5/29/15 at 10:21 am to Iowa Golfer
Anyone thinking about going long UGAZ-down to 1.91 today? Seems to be trading between 2 and 3 the past few months. I have no position right now.
2
Posted on 5/29/15 at 12:11 pm to thatguy777
Averaged down yesterday to $2.41. Looks like I should have waited 24 hours. Oh well.
Posted on 5/29/15 at 3:24 pm to thatguy777
quote:
Seems to be trading between 2 and 3 the past few months.
Completely irrelevant, just for the record. UGAZ can and will blow right through that 52 week low at some time in the future. It isn't a question of "if", but rather "when".
Although it isn't really this simple, you should ask yourself if you'd buy UNG. If so, then research UGAZ and make your own decisions. Don't simply look at a chart of UGAZ and try to get in at a low. You'll regret it...
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