No I really don't.... Look at the dollars/price, data. What do you think is going to happen in the next 10 weeks or so? What price do you think WTI will have to reach for UWTI to make it to,... say $10? I am long, well not so much as of today, but generally speaking, lol. So I believe WTI is a sound investment for the next couple months. Check my previous posts on the UWTI predictions based on WTI, and actually I think those are a bit high, unlikely to reach. Let's talk about this again in 3-4 weeks, and 6-8 weeks to see where we are.... betting hundreds of Ks that I'm right... am probably older than you (decade or so from retirement) and being honest about where I am putting my $ at. I always use SLs but have actually begun moving some trades to futures account because of weekend/off-market access to WTI contracts... but I do love the 3Xish return on UWTI.
BTW, to my original post, WTI will bust the trend higher or head down to 57-58(??), as will NG bounce off of 2.45ish or bust down. Come Monday, or earlier, I'll place a large investment in WTI and/or NG... no short NG, too close to bottom, IMO.
Hey, GLTA, I wish nothing but the best for everyone!
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