UNG - good entry point?

    Posted by frtaylor on 1st of Nov 2010 at 01:21 pm

    UNG has retraced just past the 50% Fib from the move encompassing Thursday's low and Friday's high. Good time to enter the trade? Matt, any opinion?

    UNG has been grinding down

    Posted by curranjohn46 on 1st of Nov 2010 at 02:36 pm

    UNG has been grinding down for 28 months.  It is amazing.  I think you could short it at zero and make money. Smile 

    Good luck.  It is long over due for a good rally.  I just  need to see a trend reversal and try to catch the meat of a rally.

    Well, seemed like a good

    Posted by frtaylor on 1st of Nov 2010 at 01:38 pm

    Well, seemed like a good entry so I bought some @ 5.55.

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