I previously owned EPD, and now considering getting back in. The units would be held in a Roth, which I realize may not be the best idea to realize tax advantages. Would I be better off buying something like XLE instead?
The size of the EPD position would be around 250 units, maybe 500 at very most.
I am interested in more exposure to energy at these levels, and will hold for the long term.
How ever low it gets pounded down, it won't be there for long. These countries found a nice way to inflict pain, but they'll want there money flowing again soon enough. They have nothing else but oil.
I'm in the same boat. After 4 winning trades here I went for #5 and got burned. Typical for me....
It is a rather small position, so I am letting it ride. Oil will turn eventually and I will get out of here whole @ 1.84.
The decay is real, no doubt about it, but often overstated. 4wks should be OK IMO.
I remember when playing with fire on another occasion (UVXY). Same thing happened and I did dump it. Only to have it 100% higher today. I cringe when I see that thing, and I knew it would be there eventually, just like I know oil will be 35 again soon enough.
Maybe the reality of who they are merging with? Merging with ARYC/AVDX speaks volumes and screams desperation.
Same here, it is complete insanity. Spending all day, day after day, trying to prove multiple alias. What a pathetic existence.
I have ever only had, or used 1 alias . Let them believe what they want, who cares!
Enough time wasted on these lunatics, or I should say Lunatic!
Way to ruin this MB loser.
Poor bstrsds at CHK. I had a similar experience last week with SWIR, and so far continuing this week. These big moves are happening so fast, so easy to get stuck...
Day not over yet, but could be alot worse so far.
I picked up some XLE, will let it ride longer term. Will buy more when I get out of here. I think patience will be rewarded.