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  1. L

    Is UGA a good vehicle to bet on gasoline price recovery?

    Bone, I think I will frame your answer and put it on the wall in my office. Seriously!
  2. L

    Is UGA a good vehicle to bet on gasoline price recovery?

    A week later Laurie is sorry for not getting in this trade. Could have been easy 30% in 5 days. Lesson learned.
  3. L

    This is what a market bottom looks like

    Given the above chart posted by Here4money, it would be very important to see how the market behaves today. It could be a "sell the news" moment or an indication for a continuation of the rally.
  4. L

    This is what a market bottom looks like

    Orbit23, if not a secret, what do you use to short: inverse ETFs, options???
  5. L

    Is UGA a good vehicle to bet on gasoline price recovery?

    Genevian, this is not a bet on oil but gasoline. I wonder if refineries may actually benefit from the current situation because the gasoline consumption will start recovering while the oil glut will continue for a while. The crack spread should widen in their favor.
  6. L

    Is UGA a good vehicle to bet on gasoline price recovery?

    Hi, I am new to the forum. I have been looking at UGA as a potential vehicle to trade gasoline prices. I know it has a structure similar to the disastrous USO, holding only the near month gasoline futures which in steep contango means that they have to roll over every month into a more...
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