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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 ...

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