I guess nat gas is going to zero! I would have thought 3.50 ish was a good place for a bottom but apparently it looks like we could test 3 bucks and even go to a 2 handle.
Throwing in the towel on that trade.
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- joewxman
- a meteorologist with a knack for trading and investing in MLPS! I also like horse racing, enjoy cigars and a good port wine.
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1 comment:
A lot of volatility in UNG today. I think trading was actually suspended at one point . . . something having to do with not issuing new shares. Some critics of UNG claim that UNG has artificially inflated the underlying price of NG. The debate continues. I think it's best to step aside at this juncture.
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