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Re: toomuchmoney post# 24483

Tuesday, 01/12/2016 10:02:20 AM

Tuesday, January 12, 2016 10:02:20 AM

Post# of 41155
A small move did move the D; but it has moved to such heights that folks were looking for any reason to sell and take profits. A .20 move in WTI will not move UWTI so dramatically.

I've gone long here at 2.38 yesterday and plan to add if prices drop; looking for 2.10 level to average in more shares. I believe we will see $3.50 - $4 by the spring; if not more.

UGAZ worked out wonderfully from 1.41, can't wait to see how well this work out from these levels; although, I don't expect the turn around to happen as fast as it did in NG.

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