Natural Gas journal.

[RedSun]

Quote from RedSun:

Market never gives gifts to traders, only traps. The bears have nothing to fear about: no weather, no government intervention, no more dumb UNG buying, no nothing

Bears have one full month to crack it below $4. It may be much sooner, could be tomorrow

It did not take that long to get there. NG producers should form/join a cartel...

 

[matador04]

Why the wide divergence between UNG and spot?? What is UNG doing wrong? Or is it just contango?

 

[DrEvil]

Quote from matador04:

Why the wide divergence between UNG and spot?? What is UNG doing wrong? Or is it just contango?

Yes it's the contango.

 

[grg03002]

UNG is a terrible etf, there is news about it all over the internet, you can't win long term in that stock, I would use it for short term speculation only.

 

[exaltedangel09]

i follow this guy

abcsofgas.blogspot.com

 

[brothertruffle]

Doesn't NG have a seasonal bullish run starting about here?

 

[brothertruffle]

Doesn't NG have a seasonal bullish run starting about here?

 

[matador04]

scoop some up today on the dip?? or short to 4.50?

 

[JPope]

I don't know, that was a serious reversal for a non-report day, Id be cautious.

 

[matador04]

Quote from matador04:

scoop some up today on the dip?? or short to 4.50?

Cover at 4.50 and reverse to long?