Thursday, March 4, 2010

Natural Gas Collapses: UNG Easy Pick

Following today's inventory report, UNG tumbled nearly 4%. Invesntories dropped only 116Bcf, bringing the total amount in storage to 1.73Tcf.

UNG, what a dreadful ETF:

But our readers know that very well.

Our March straddles are already profitable by nearly 8%:

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1 comment:

forex-cat said...

nice analysis!!
Thank you.

...(I'd be pleased if you exchange reciprocal link with me.)

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