20Feb12:19 pmEST
Locking in Another Big Natty Win; Chess Moves
I just sold the final 1/3 of my long UGAZ position here at $3.50 from my $3.04 entry on Tuesday of this week to lock in the rest of the win.
For the second time in two weeks, I seem to have been in stride with natural gas, playing that triple-long UGAZ ETF for a nice win.
As it stands, UNG, the straight-up natty ETF, is back at its upper Bollinger Band and now overbought, short-term, which means I am not inclined to hold it over the weekend.
I will wait until next week to look at another entry.