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United States Natural Gas Message Board

  • mdickirson mdickirson Jan 14, 2009 12:45 PM Flag

    NG History- Looking for Opinions

    UNG has only been aroung for two + years so that is all the history we get on that. But if you look at the NG chart going back to the 1990s it looks like it spent the entire decade around 2 (It closed over 5 yesterday). If we are truely in the biggest recession in 25 years, I am wondering if this can drop substantially from here. I am looking for opinions if we can half from here or is this going to recover lost ground in the near term? I am not looking to cheer lead this down I have 5000 shares I just want your thoughts if this is going up or can we really halve from here.

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UNG
6.58+0.10(+1.54%)1:47 PMEDT