Its down quite sharply today (having said which it was up very
sharply on Monday). I trade via the core futures rather than UNG to
avoid the decay issue
I think from the chart, it looks like todays move down may have
filled a gap and I hope it bases here before another push
upwards
Natural Gas (along with the likes of Rice & Cocoa) were the
dogs of 2010 all closing lower year on year
As the saying goes, the dog of last year is this years cash
cow. Medium term hold for me here on Nat Gas adding on
pullbacks
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
Natural Gas
Posted by vimal on 5th of Jan 2011 at 12:13 pm
Its down quite sharply today (having said which it was up very sharply on Monday). I trade via the core futures rather than UNG to avoid the decay issue
I think from the chart, it looks like todays move down may have filled a gap and I hope it bases here before another push upwards
Natural Gas (along with the likes of Rice & Cocoa) were the dogs of 2010 all closing lower year on year
As the saying goes, the dog of last year is this years cash cow. Medium term hold for me here on Nat Gas adding on pullbacks