UNG

monty21 · Aug 22, 2009

Damn, some of you guys are bullish on a commodity that hit a 7-year low Thursday.

Good luck to ya'll

Greenrush Drew · Aug 22, 2009

Haha. Yeah it seems that the message boards are filled with people who will keep buying it if it goes down. That's a recipe for success. Not! Must be nice to have unlimited capital though. Hehe!

Quote from makloda:

I've been short the front months for like a year in NG and its money making as easy as taking candy from a little child.

As long as there are enough adventurous "traders" buying stuff they don't understand because it's "too cheap" and "has to go up soon" this will remain a gold mine.

wpfund · Aug 25, 2009

UNG at these "low" natty prices is being viewed as a lottery ticket by most, and with good reason. Natty cannot go to zero.

xty · Aug 25, 2009

Quote from makloda:

"As long as there are enough adventurous "traders" buying stuff they don't understand because it's "too cheap" and "has to go up soon" this will remain a gold mine." [/B]

Strange ur hyphothses didnt apply to crude oil.............

1. u just fortunate to be on the sides of the people who have enough control over this market.............

2. Nat gas and crude oil compainies need cash flow thats why its difficult for them to shut down wells..............

3. when the table turns expect the same for crude (except if the credit situation is fully resolved)

Greenrush Drew · Aug 25, 2009

Comparing natty with crude is like comparing cotton with silver. These markets are in different universes.

Corelio · Aug 25, 2009

Quote from monty21:

Damn, some of you guys are bullish on a commodity that hit a 7-year low Thursday.

Good luck to ya'll

I have no opinion on UNG. But I would like to know...what is the best time to be bullish? When prices surge to 7-yr highs?

makloda · Aug 27, 2009

Another great day for natty "value investors". Can't go much lower can it?

Greenrush Drew · Aug 27, 2009

V has some support here at 309. If it fails then 274. I'd like to see V over Z get to 190

MohdSalleh · Aug 28, 2009

Quote from Corelio:

I have no opinion on UNG. But I would like to know...what is the best time to be bullish? When prices surge to 7-yr highs?

Moron. if you actually trade for a living, you well know the answer

GreedIsGood · Aug 28, 2009

I think he was being facetious. I'm long since 21. I've sold covered calls plus a few extra all the way down so I wouldn't go broke. It's amazing that all those shorts are making so much money. I thought everyone in this game was supposed to lose, they're not......