Winter is mostly over, as we're almost 3/4 through February. That leaves March, and they are not going to hold until last minute to sell it. I have no position here now, but would sell today's pop and enjoy those profits if it were me. This will be in the 16s soon enough.
But who is this "Magician" guy? Never saw him before. Anyway, everyone's situation is different. If you're trading it, that's one thing. If you want to hold long until September and take your chances, that's another thing, although I wouldn't. If you are going to hold a position here, it should be short one or the other, as then, decay works in your favor.
This is two of the dumbest things i have heard here. I will help you break that silly habit.
UGAZ is leveraged, as is DGAZ, YOU DONT BUY AND HOLD THESE THINGS FOR WEEKS. THAT IS STUPID.
That being said, here is your target.. right now NG is overvalued. I see NG getting to 3.295-3.300 then its dump time again. So you have the potential to make 3% more between now and the NG report on Thursday if you hold UGAZ. Before the report, switch back to DGAZ, get long on it, or short UGAZ, because its going back down.
Look I gave you the buy signal on UGAZ last week, you took some heat on the buy, but today youre up 10%, I also gave you the sell signal when it was time for UGAZ to dump. Some of you (DUY) decided to just wait it out. Dumps time is upon us again, trade it, dont wait it out.