UGAZ and GLD

My experience with GLD and GC will help me identify false breakouts in the future.

Just as my losses in NG in 2015 taught me not to try to time bottoms.
 
trader99 said:
NG went as high as 4.9?!! geez!
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That's an insane print and just because some cold weather is coming ...cold weather is nothing new. And talk about tighter supply...blah blah blah blah .... remember peak oil conspiracy theories when oil was nearing $150+ a barrel, it collapsed. ...this is all wallstreet games.
 
S2007S said:
Bought more premarket.... Cost average at $5.42
Loading up....
Ugaz is going to drop 50% from it's highs ...
DGAZ going back to $6+
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Loaded up more....cost average now $4.72
3 buys in 24 hours.. will keep adding on any spike in natural gas.....
 
trader99 said:
UGAZ is now $130 ABOVE where I exited my position. Incredible!
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That's incredible....I have had stocks get away from me but nothing like this ugaz spike of over $100 in a week!!!
I'm looking for UGAZ to drop right back to where you sold it .....
 
S2007S said:
Natural gas down 6% premarket!

Ugaz back under $200
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yesterday when dgaz was at 2.98 i was tempted to buy it. But i was at work and had meetings. Should have ran into the bathroom to place that trade. hehe
 
S2007S said:
Bought more premarket.... Cost average at $5.42
Loading up....
Ugaz is going to drop 50% from it's highs ...
DGAZ going back to $6+
More...



50% drop just as I predicted....

Waiting for $6+ on DGAZ to sell!!!
 
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