Tuesday, February 17, 2009

Natural Gas looks to be having problems

Many of the commodity experts in the area of energy had some hype for this commodity. On fears of additional foreclosures and people not using as much energy, we could see this one keep trading in the low fours for a while. Long term it looks very good, and when it pops it will do it quickly, I currently have 21 calls on the UNG for 7/09. I would say long term the UNG is a buy, but no calls unless you like risk

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