Update: Been Buying UNG
Michael E. Brisky (July 2nd, 2009) Writes:
Bought some more natural gas (a href="http://finance.yahoo.com/q?s=ung"UNG/a) today. I almost filled an order at the close, but didn't quite get a fill around 13.00. But I made four purchases this week between 13.35 and 13.97, and have a pretty good sized position (for me). The 52 week low is around 12.70 I believe, and I'd buy a little more if I can get some in that range. It's tough to say what it will do in the near term, but mid-range, I think I'll be happy owning this one. br /br /Slow day otherwise. The market sold off on that worse than expected (who's expectations?) jobs report, but not much else to report. br /br /I've been in the camp expecting the rally to lose steam and it has. Summer trading often comes with lighter volume and less hype surrounding the market. I ...
Tags for this Post:
Been Buying UNG, Energy Markets, finance, FULL, Market Commentary, michael brisky, Natural Gas, The Macro Trader
Been Buying UNG, Energy Markets, finance, FULL, Market Commentary, michael brisky, Natural Gas, The Macro Trader


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