October 24: "Just dumped BRZU @ 14.11 for 18% profit. Bought late afternoon yesterday 11.92".
I posted this a few times over here. Surprised you didn't see that!
Yeah, now I'm looking at buying possibly today again in 9's.
No problem. I trade DGAZ/UGAZ all the time, but have not been in UGAZ very long with a core position until recently. Have most of my $$$ intended for current developing weakness.
I'm also aware of DEJ. A decent stock with potential, but something only interested in on big dips, and not to be chased
Nothing is set in stone & no one can predict with 100% certainty. But I see a return to minimally 4.50-5 area nat gas by winter assuming potential worse case - least bullish scenario. Meaning approx 20+ UGAZ. If we get a similar or worse winter, it'll see 30-40 (6-8 nat gas).
Almost a year ago I remember the nat gas pundits starting to panic over falling prices & technicals, so the worries at boards here and everywhere is typical dimwit behavior using emotion. This year fundamentals likely are more bullish (and going into season with lower storage), so going back to mid-4's or better for nat gas during winter seems reasonable. AND I THINK WE GET A COLD WINTER, AND THAT'S THE #1 FACTOR that will matter.
That said--- My UGAZ/DGAZ record is good over last approx 2 years.
I don't know where UGAZ will bottom exactly but we are in vicinity soon. So since July, I've been calling for 13 (max entry area) with scale in preparations for as low as near 9 by November, so I've been realistic & have not been pumping this as an immediate buy, but saying to anticipate shorts to hurt UGAZ over injection season & warm weather into Fall and to use all that for buying opportunity before Winter. But I am very bullish going forward in weeks to come into winter
LOL. You don't understand how 3x funds operate. And you are over presumptive and clueless. You will see how wrong you are.
Just dumped BRZU @ 14.11 for 18% profit. Bought late afternoon yesterday 11.92. But I'm not taking the chance this time on the election the same way I did 3 weeks ago (when made 50% from 14's to 21's)
Anyhow--- I'm loving this Brazil volatility.
Entered 11.92 yesterday on BRZU. Today up 17% at the moment. Might sell it today. This is not luck, not gambling... i did this in early October, too. You just have to buy these things on the oversold irrational sell offs, and then take the profit the market gives you within a few days (or less), and then a person is consistent.
On my 2nd trade for BRZU (entered Oct 23 @ 11.92), now i'm up nearly 17% today.--- FYI.
First trade early October, from 14's avg, I sold 21 area (as posted 3 weeks ago)
I posted earlier today... Show me some respect. I made 50% last time on BRZU (3 seeks ago).
I started new entry today 11.92. IF it drops I'll add. But when it pops like last time... I WILL SELL SOON afterwards as always. I'll take what the market gives me.
**I'm hedged 50% on profits from trade 3 weeks ago.
It would help, but this is great timing similarly to 2013 a year ago for UGAZ for buying. hurricane not necessary!! Going into what likely will be a cold winter again along with nat gas storage levels -9% below both last years 2013 November level & below the 5 yr avg level. Lowest storage levels since approx 2008!! Likely will start to see a trend shift from injections approx by early or mid-November along with cooler temps.
At the least we'll see 20+ on UGAZ by winter (4.50-5 nat gas minimally), with 6-7 nat gas possible (30+ UGAZ). Even in a worse of all case possibilities, UGAZ will make 50% from 10-11 toward 17-18. This is easiest trade to anticipate. I've been hoping for this late Fall drop in UGAZ since July 2014. Now time to start scaling in if people haven't yet.
for once i agree with you!! LOL
UGAZ opportunity developing here prior to November-winter. 10-11 relatively cheap compared to upside
**People got to start taking a bite out of this Brazil long today (BRZU). I got start @ 11.92 on BRZU.
I made 50% 3 weeks ago on BRZU, so my risk here is hedged with profits already.
Could maybe see 9-10 yet, and if it does that drop, I'll add more. But I think a 'pop' for upside to 14+, maybe 17-20 possible here even with Dilma winning election. A nice trader stock = BRZU
I already traded BRZU (EWZ) 2 weeks ago, as posted here October 6. I made 50% approx in less than 3 days.
I am now looking at BRZU again soon. Another huge 'quick' trade to made here on new oversold metrics.
That XIV "Scam", made me over 20% since last week. Entered 26, & 24. Now 30+ (as I prospected and posted last week).
You are mistakenly labeling ETF funds which you do not understand as "scams". Just because you are NAIVE about trading an ETF, does not make it a scam. The only scam here is YOU rtreed77