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THREE-DAY-TRADER

11/05/14 8:22 AM

#700 RE: dude iligence #694

I decided to keep UGAZ at least thru Wednesday based on momentum of its intra-day chart & because I anticipated a Republican win (which has been mainly responsible for movement since Tuesday) which might carry it another day.
Weather getting colder has been a factor on price, but Republican Senate win anticipation (from the polls) is what Nat Gas has been responding to since approx Tuesday, and then the reaction to the result showing today helping nat gas.

Anyhow, considering that we got one more day until the injection report, it made sense to keep it a little longer.
My thinking also is that if it dropped, then I'd hold anyhow thru Winter.
Otherwise my strategy here is to consider selling soon at these new highs (15-16?? from low 11 area avg cost) & I'll hope to re-enter lower for another 're-churn' of profits before the move over the Winter yet.
With all this quick movement in last few days primarily attributed to by reaction to politics, it is becoming a little overbought in short term, and after one or two more injection reports this Thursday or next week, it might still drop back to 13 or less, so this is all what must be considered.

If I sell it, I'll post this later on. But at some point I'm going to be a person holding for much larger (20-40) over Winter.
That said, I think nat gas bottomed in 3.50's.

I appreciate your honesty this time & new found friendly cander.
Have a good day