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Thursday, January 13, 2011

Still waiting for the clear breakout in NAT GAS...disappointing that it hasn't happened already but support has held and so has 6 bucks on the UNG. We need to close above 6.30 on volume. Btw i remind everyone that i would not trade UNG since it is a wasting asset. You could be right and if the timing is wrong, you wont make a dime. Just look at USO vs Crude over the last year.

Markets a little lower with no determined push in either direction. MLPS off the highs but still up on the day.

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