12/16   So UYG has hit $6 even sooner than I expected. That is a 10% gain
        in 3 days even if you came late to the party and didn't buy in
        until after we had a day of debate. It's almost 25% for me and
        anyone who bought at market open on Friday. Because I was
        criticized for not being specific last time, I am going to now
        sell 40% of my position and wait for $7, which will come within
        a year and probably much sooner, but not before a little seesaw.
        Truth be told, I am anticipating $8 before February, but I am an
        optimist. I will add to my positon if it falls below $5 and again
        if it falls below $4, but will consider selling out completely if it
        breaks the 52 week low.
        \_ There are a bunch of traders and I have no idea WHO you are.
           What is your alias? Can you designate your alias, like
           superawesomedaytrader or something?          -chicken trader
        \_ that's great.  but next time, *please* be more specific on exit
           points, and give us 24 hours to digest the tip.  yeah, I know it's
           free advice, but you don't get as much credit.
           \_ The above is the Reader's Digest version. There are other
              scenarios I would buy/sell in like on a steep pullback (buy)
              or quick gain (sell). The market moves fast, so 24
              hours notice is a little much unless you are wanting to
              buy-and-hold in which case my advice is to buy almost
              anything now and hold it for 10 years. Things to consider:
              1. Energy will be a great play once energy stocks digest
              recent (lowered) earnings and energy bulls realize oil is
              not below $100 for just a few months but for a year or even
              more. Energy stocks are still trading above 52 week lows
              even as oil has plummeted. Wait for them to break those lows.
              2.  All of this money will devalue the dollar and cause
              inflation. There will be currency plays and inflation plays
              (like TIPS) and (eventually, not yet) commodities plays.
              \_ all right, I'll take 8 or 12 hours notice.  I'm looking for
                 an entry and exit on any symbol, doesn't have to be UYG -pp
        \_ You have lost all your gains on UYG. Just pointing that out.
           \_ No I didn't.
              1. I sold 40% of it above 6. (see above)
              2. Even today it is trading 10% above where I bought it.
              I'm doing just fine, thanks. I'm now trying to figure out what
              to sell (and when) to pay for all these big gains I will have to
              pay taxes on in April.