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Wednesday, December 17, 2014 5:11:10 PM
UGAZ was affected by the price drop in oil...
Oil took down most of the commodities...
Thinking that the oil bottom is aroung 55.00...
If it stays around this area through Friday we will see a small upturn.
FYI, China is hoarding all the excess oil it can at the moment...
If we get oil stabilized and cold forcasts UGAZ should get above $10 next week and head up from there through the winter months...
GLTA
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