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Re: nssrr5 post# 21198

Saturday, 02/09/2019 5:56:45 PM

Saturday, February 09, 2019 5:56:45 PM

Post# of 25303
Started buying these shares Dec 2017 below 75 and dollar cost averaged down till it hit 50, then as it shot up in Jan 2018 above a 100 and started coming back down I started shorting futures against those 2000 shares to hedge my gains. I made money on both sides doing this several times last year.

I have been trading and following this QG and UNG since 2007 with very little reward, this has been a long strange trip for me.

Then last Nov Sunday night we were gambling at Mandalay Bay I was checking my futures quote and saw a big gap above $3 the shares were just above $80 the Friday before. Earlier that week I got out of three short futures at a slight loss($250), why did I close those? Pure LUCK, I thank god because it shot up for a solid 5 days to $260.23, I sold all my shares on the forth day at 136, then when I saw 260 I was so bummed out that I missed that final big up day. When it went below 200 dollar I started buying DGAZ&KOLD knowing these guys trading gas futures are ruthless.

Recently sold the DGAZ and KOLD and started buying UGAZ I might add if it goes below 25, my plan was to go long futures not shares of UGAZ from the lucky lesson I learned so at $2.50 to $2.25 might start buying mini futures and sell those UGAZ shares on strength.
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