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.
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.
https://www.reuters.com/article/us-...oldings-in-third-quarter-filing-idUSKCN1NJ2DY Jana Partners sharply increases gold mining ETF holdings in third quarter: filing
Loaded up more....cost average now $4.72 3 buys in 24 hours.. will keep adding on any spike in natural gas.....
Natural-gas prices just booked the largest daily percentage gain in 14 years, up 18% By Myra P. Saefong Published: Nov 14, 2018 3:51 pm ET The percentage rise for nat-gas futures was the sharpest since Sept. 29, 2004, according to Dow Jones Market Data https://www.marketwatch.com/story/n...-percentage-gain-in-14-years-up-18-2018-11-14
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 .....
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