I've been drawing some graphs with energy, and past trends, I'm lightly buying DIG, I think we can see $21's short term(I'm going to trade, not hold them), and even lower in the coming months. I will park some UYG and DIG in the Roth's, I do think they both will be multi-baggers in the longer term, and will scale into them on a good trend. If we can get $5's in UYG, 12+ bagger(my WAG) in 6 years, up to 8% holding in a Roth will ROCK. Volume in UYG was lighter today, not to bullish.
Slide came late in the day, I wouldn't be surprised to see a gap down. With enough slide in the AM, we might see a rally(I'd love to see it develop into a squeeze), but it will probably come on Fri, it's a coin toss now, and is very news driven. Gov bailout news won't do much anymore, market will have to find it's own flow now.
Prepping now to ride a trend.
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