UNG

    Posted by mla127 on 6th of Dec 2016 at 01:18 pm

    Getting stretch thin here IMHO .... 

    UNG

    Posted by mla127 on 7th of Dec 2016 at 11:33 am

    Started shorting it yesterday ... adding to it today ... nose bleed ....   but this ain't called the widow maker for nothing ... lol ... always keep your mouth piece on ... you can get sucker punched anytime with this wild one  :D 

    UNG

    Posted by mla127 on 7th of Dec 2016 at 03:29 pm

    Nice bearsih engulfing ...  staying short ... but I haven't added more than the two position I already have ... Inventory tomorow .... anything goes .... 

    UNG

    Posted by mla127 on 12th of Dec 2016 at 11:40 am

    Could be trying to bounce from here .... first target it this morning ...  

    UNG

    Posted by mla127 on 13th of Dec 2016 at 10:07 am

    Staying short ... I will bail if we go UNG above yesterday's high  ... (I'm short UNG and Long HND.to)  ... this is a whippy bugger, so I'm more inclined in giving it more room to bounce around ... 

    UNG

    Posted by mla127 on 15th of Dec 2016 at 09:52 am

    Bear flagish ...  Inventory today, so always keep your mouth piece on, and put you tray table in the upright position ... this could pull a crazy Ivan anytime ... 

    UNG

    Posted by mla127 on 16th of Dec 2016 at 09:44 am

    Stay the course ... 1st Target hit ... 

    UNG

    Posted by mla127 on 20th of Dec 2016 at 10:14 am

    I don't always nail this one properly... NatGas is a commodity with ADD... lots of wild moves ... but this time, I was bang on ....  selling the 2nd third of my short UNG (and HND.to) ....  last piece will have a stop slightly above today's HOD ... carry on !!! 

    Nice job. Like breaking a

    Posted by cal1 on 20th of Dec 2016 at 10:49 am

    Nice job. Like breaking a wild horse.

    UNG

    Posted by cal1 on 16th of Dec 2016 at 09:48 am

    If we grind down to 8.27, we might be able to close that gap down to 8.13. It almost looks like the MACD wants to keep falling. I'm hoping the bottom falls out.

    UNG

    Posted by mla127 on 16th of Dec 2016 at 09:52 am

    The 3.36 area is decent support on the futures, so wouldn't suprise me if it try to muster a bounce here, but there's a lot of "thin air" underneath if this breaks, so having the bottom falling off is a good possibility if this area doesn't hold !  

    LMAO

    Posted by cal1 on 15th of Dec 2016 at 11:07 am

    LMAO

    UNG

    Posted by cal1 on 7th of Dec 2016 at 03:39 pm

    I added to my Nat Gas short and now holding 1000 HND.TO. Gas broke up and out of a rising channel. Very strong on the upside. This short trade may only reach the mid fibs. If this trade works, I will be stealing from my rather large SPY position to fund this.

     

    UNG

    Posted by cal1 on 6th of Dec 2016 at 03:13 pm

    I sold the last of my long gas Canadian x2 etf HNU.TO. Happy to report I have started a small position in the inverse fund HND.TO. Hang on to your shirt...

     

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