Tuesday, January 12, 2016 7:23:37 AM
...Thats the way I'm playing it so I...
...hope this is what's happening
Two weeks ago, 12/29/15 natgas made a new high and I shorted it via DGAZ.
The following day, natgas fell sightly over 8%. I had 9k gains and I thought I was well on my way south with an excellent short entry position and I didn't take the gains. ugh
It dawned on me last night...
...the same thing is happening this week.
I have the, -8% (from the previous high) annotated "white" with drawing alerts, where I'll add to UGAZ.
I did manage to pick up 405 DGAZ @10.35 It's not enough to fully hedge my 11k shares of UGAZ but it's something.
...hope this is what's happening
Two weeks ago, 12/29/15 natgas made a new high and I shorted it via DGAZ.
The following day, natgas fell sightly over 8%. I had 9k gains and I thought I was well on my way south with an excellent short entry position and I didn't take the gains. ugh
It dawned on me last night...
...the same thing is happening this week.
I have the, -8% (from the previous high) annotated "white" with drawing alerts, where I'll add to UGAZ.
I did manage to pick up 405 DGAZ @10.35 It's not enough to fully hedge my 11k shares of UGAZ but it's something.
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