Friends sharing thoughts...

[drt4nrg]

Thanks for the comments, Derek. I also am not using money that I need to access/use anytime soon, but it's long term investment funds and seeing the amount I had go down 50% overnight was disconcerting. It seemed like avging down was my only strategy, but the concern raised of possible problems for the etn make that troubling. In the end, I didn't feel like there could be a failure or acceleration event based on what the prospectus says, which is why I decided to more than double my position yesterday. It's just back to one trade, one decision at a time and try to be rational in spite of emotions, etc. This is all we can do.

I just sold a good chunk of what I bought at 3.01 in the 3.60s, so made back at least a good part of the loss. I'm hoping for another bounce in NG to get back in with extra shares again, but I obviously was too early. I didn't want to hold the supersized position through the report today anyway since I think there will likely be a volatile response today. I still have a larger position than normal, so if NG keeps falling without looking back, that's ok too.

Good luck to you,
-Tim