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Looks to be trying to give up all its gains today back to the 1.82 support maybe 1.78. Would be nice to turn around and fill the gap up to 2.01 today then close above 2.00 but unlikely.
Looks like you may have chosen the right one to be in again.. lol
keep going up.
lol... I know what you mean, I am looking at DGAZ this am as well. Still have some ugaz as well, if it does drop at least the dgaz will offset the loss of the ugaz.
EIA report in about 50 min. Will wait till then to see if it helps define a direction for today. But I doubt it.
We are hoping so, still holding what I've got on the way down, if it goes lower will buy again, but waiting until I know for sure.
Bought in again this am. at 1.83 and it dropped to 1.78, put in a sell for 1.83 and managed to get it close to close but at least I am out nothing lost except trade cost but nothing gained either. Hope tomorrow sheds some good info. but right now I doubt it. will sit and watch for now, up I am in down I look at DGAZ.
gl
Thank you.
Thanks, appreciated.
Has anyone heard as whisper of tomorrows eia report at 10:30. what to expect?
Anyone see this from Benzinga, 17 Aug. 15 4:21 PM.
http://www.benzinga.com/general/education/15/08/5771299/why-oil-could-be-primed-for-a-huge-short-squeeze
looks like a 2 mil buy at 1.03 covering maybe
A question has anyone been in this yr over yr. Is this the normal time for this to drop a bit in price due to summer switch being turned off and winter on, trading now down a bit maybe sideways until colder temps set in about Dec. if so has anyone seen this in an above average El Niño winter? How bad an effect did it have on the stock price or was there any effect.
Just a question, since most here play it by whatever it is on that day, it is slightly irrelevant, but just a curious question, as I have not been through it yet.
There is a lot and a growing number of analysts feeling the same way, no one can put a destination (how high)out yet though or for how long , the downside is still foremost in the minds. Close today and Monday should give a clearer pic.
Thanks for the reply.
gla
Thanks for your input appreciated.
Thanks, I have seen it already but was interested in what you and others think about it, good bad otherwise.
anyone see the rig count yet?
I am hoping for a repeat of last Friday, a close above 2.00, but am ready to buy more as it goes down.
In again at 2.14 and again 2.10 hopefully it goes back up now and breaks the 2.30 resistance, will watch for another buy down lower if it happens.
gl
anyone seeing this drop to 1.13 to fill yesterdays gap to 2.19 and then run.
Dollar has taken a good drop this am. as well
10:30 Eastern time.
Otto ya did good, you got your 2.20, congrats now what are you going to do?
Exactly, ticker wti was looking at the stock again today ( it is west Texas offshore rigs I believe ) It has been a play in the past not sure about it now, but is safer than these other two uwti and ugaz, with the amount of movement in and out is the way there were quite a few opportunities to make a few quick trades, I will still watch it and may try a small trade to see, but if these other two are good again I will stay with them. Just not sure about them yet.
Was in UGAS at 2.05 thought about buying more at 1.97 but didn't get there and got out a t 2.06 when it looked like it was going to drop again, damn near got into DGAZ at the low 5.28 but started looking at ticker wti, thought wow would have been nice to have been in and out of that a few times today, so will be watching ugaz dgaz and wti tomorrow emphasis on wti.
gl
So up or down.
still trying to get some at 2.05.
This is where it was supposed to be last Friday. Hopefully it keeps going up.
Got some at 2.01 will put another buy in low 1.90's should it continue down.
needs more oomph to get past resistance at 2.06 - 2.07 area then to 2.11 and 2.15.
So you figure a possible drop, are you thinking back to the 1.85 area. Good deal of support seems to be at 2.02, will be watching AM. could be either way right now as it is looking for direction and I think it will be up, maybe back to the 2.15 to 2.30 for now. Keep looking for higher highs at close.
GL And I am not in right now.
Well Made some good coin today from the play yesterday and am content and out now. Will be back to play tomorrow, take care all and remember our favorite pirate saying, "Take all ya can, and give nothin back." gotta love that.
glta
Anyone getting into DGAZ
Lets see if there is going to be a meaning full pull back before further run up.
I took a bite at 1.88, hope the steak isn't too tough to chew, don't want to have to spit it out again like yesterday. Maybe I should have used that Ronco. LOL
Doesn't look like it will close above yesterday's close 1.39, back to lower highs or just a set back before a higher run??? I will wait to find out I guess. Those who are in, good luck hopefully it runs up from here. DWTI - sorry, I am rooting for UWTI.
EIA report tomorrow AM. Think I will wait till after that to jump. Don't know if it will make any difference.
I have been out as well but I am beginning to see opportunity here, still only for day trading and quick in and out but we will see what the latest report says about rate hike.