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have a good weekend everyone! I'm out! I'll be back Monday morning at 8am cst!
have a good weekend everyone! I'm out! I'll be back Monday morning at 8am cst!
have a good weekend everyone! I'll be back monday morning at 8am cst!
"Pipeline outages in Iraq and Nigeria have removed more than 800,000 barrels of crude oil per day from the market for at least the next two weeks. The disruptions should offset recent increases to supply from Iran, analysts said. "
Source:
Exactly man, that's the point I want to get to. It'll make my wife so happy. She won't believe it. Anyway, for now, I just follow you guys on here, learn, trade conservatively and build slowly. I will continue to do that until I get enough built up to do it full time.
But man, Im jealous of you.
I've got long positions in with this at both $235 & $265. and I betcha I'll be able to sell em both before EOD today at profits ;)
consistently 20m+ on the bid.. What's keeping this from budging? It worries me that the heavy bids sit there so long and it still doesnt move.
Exactly! I'm sorry I can't privately reply to you, so I'll just say, I'm so alike with you, Ive graduated college though, but have a desk job that allows me to watch and study these things throughout the day on my downtime. I have learned from people like you and through careful research of market trends myself. I couldnt agree more.
Someday if I get successful enough at this, doing it at home in an office I've invested $12,000 into building a perfect set-up for myself, while wearing underwear, is a legitimate American dream of mine!
Good luck to you as well! Love seeing your feedback.
I feel like you and me are the same person.
I'm going to have a FANTASTIC weekend. lol
and, I'm excited to throw tons of money back in on Monday at like 1.40 then make more money next week when it jumps back up .50 cents.
Shoot.
At this pace, within 6 months I'll be able to quit my job and just hang out with you guys all day long making ridiculous amounts of money!
haha man, Im thinking about like holding a couple until 2. but im holding a bunch more money through the weekend to be able to get back in sub- 1.45 ish.
uh oh! big day coming!
oil hits $34 for the first time in 4 weeks.
$2? I think there's a few people here who think that's coming..This is why I'm gonna leave a chunk in and wait for....
I'll stick around and wait for the next dip. thanks for the money today guys, you all are great.
order exec @ 1.63. good gains for me. I have another chunk ill sell at 1.70 :D
Well. Just like that! hit 1.60! my out is 1.63. :D
ill go with it! =]
Couldn't agree more.
I'm learning, as well..
In your opinion, what is the most efficient sell point today? over or under 1.60?
getting back down to a point where I'd be tempted to jump back in.. Love the reliability of this stock... down to about .18 then it'll be sure to jump back up to .30!
Well hell man, of course I am, I didn't realize I was supposed to take my money and run just yet! I bought in a couple chunks last week at 1.66 so I'd at least like to get that back!
I bought a chunk 1 week ago today @ 1.66 though. so seriously I do need oil to get up to $34/barrel for at least a little bit within the next two weeks so I can get out.
but it says 3x long crude! ;)
So that means hold long for 3x the money!!
Thanks for the reply.. It will change the way I look at not only this ETN but a lot of other stocks I've got a piece in!
You did a really good job of putting about 12 articles I've read on the subject into simple terms that I could read in about a minute and instantly understand! Thank you for that! I better go click follow for you. :)
also, thanks for the USL recommendation.
Please forgive me for not knowing all the INs and OUTs of holding an ETN such as this one.
Answer a quick question for me,
I've read a lot about contago and decay and futures and the possibility of a RS and most of all that makes sense to me, so I guess my question surrounds the risk of simply holding UWTI as opposed to say a $USO to hold in oil on the hope of a rebound to $40 a barrel.
Is it possible that holding in UWTI at a starting point of anywhere between 1.40-1.60 is risky thing to do for some reason I haven't figured out? all I'm wanting is for oil to rebound to 40 a barrel and uwti to hit $2.00.. is there anything besides just the cost of a barrel standing in between my current holding position and that happening?
IF SO.. I'll just get out now and get into $USO instead.
Thanks in advance for responses.
I don't think you should be trading this ETN since you don't appear to have much knowledge of how it trades..
the bottom has come, it will never bounce off .0001 :( goodbye all.
Have a good weekend guys, it's beautiful out here in MO.
I am hoping for a nice upswing next week $2.00+! :D
Did anyone make money this week?!
Did anyone make any money this week?! haha
Have a good weekend everyone, it's beautiful out here in MO.
I have a lot of faith in $GBSN, $RBNW, & $SBFM trending upwards in the coming month.
I do not have any faith in $CHIT, $AHIX & $UMAX. I'm screwed with them.
And I'm somewhere in between with $UWTI, I honestly just see it getting up to 2.50 within 3 months... but maybe I'm wrong. I dont think you can continue with the inverse much longer though... summer is coming..
$GBSN - will be .30 in a few weeks.
$RBNW - will be .0016 again soon.
$SBFM - seriously could be .10 this summer!
I enjoy every day on boards all over this site, and I'll go ahead and follow you ok! That makes 15 for you! :)
Have a great weekend, it's beautiful here in MO!
I think you posted this on the wrong board bro lol
PSA: don't trust 95% of what you read on these boards. Today's volume has yet to make it to 100,000,000 and the previous 10 day average is over 200,000,000.
We only have 42 minutes left to get 100,000,000+ volume just to hit the average.
smh.
This was stickied? wowwww. loll
man I hate to disagree but Ive been watching this thing too closesly for long enough now to rezlly just believe that It's not gonna slip <.18 but I mean we're just nitpicking over a penny. I think I'd personally be jumping in so hard around .179 that it'd never be able to fall under that!
Good to see this holding at .0004 but I really need it to jump up to .001 hate to say it..:(
GLTA & TGIF!
I'm super upset to see this isnt trading any more than .001 higher than it was early in the week when I called for it to jump up 100%!
GLTA though and keep me posted on updates :) Im still holding ;)
$VTCQ
I'm sorry to see $GBSN slipping, but if it slips just another penny or so I'm back in guys! Like I always say...
Strong support down here around .185
GLTA & TGIF!
Miss you guys! Ive been trading oil the past week for fun. It's volatile and moving! $UWTI if you wanna join me!
Still keeping an eye on $RBNW for news though, keep me posted guys!