Replies to post #619 on ETF Bull and Bear Discussion Board

[JohnCM]

ETF ETN not "buy and hold!"

I want to move "in and out."

My original thinking was a 14 day hold. Possibly a maximum 21 days towards the end of May.

BUT CRUDE is getting so crushed already, maybe I should look to nibble right now. I would start very slowly.

At it stands, my 3 tickers are

NRGU
UCO
ERX

[JohnCM]

CRUDE

NRGU
2.26
UCO
12.82
ERX
11.43

TOTAL
26.51

[JohnCM]

CRUDE BOTTOM

NRGU 2.26 2.61
UCO 12.82 15.77
ERX 11.43 12.14
TOTAL 26.51 30.52

Last 3 weeks in May. That is when I will finish my buying.
Week of Apr 13th start small position
Week of Apr 20th continue total 1/6th
Week of Apr 28th at least 1/3 position
Week of May 4th major purchase 30%
Week of May 11th major purchase 30%
Week of May 18th finish purchase 6%

NRGU 3X 50% __________________________________________
UCO 2X 25% ____________________________________________
ERX 2X 25% _____________________________________________

2.5X

Conservatively WTI $15.00 to $25.00 Selling week of June 1st.

40% X 2.5X gives you a double (bagger).