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United States Natural Gas Fund, LP Message Board

  • econosteed2 econosteed2 Dec 28, 2012 2:53 PM Flag

    Short term bullish.

    Yesterday's reversal (gapped down at open but close green) coupled with today's follow through is very bullish near term. Especially considering the drawdown for last week was only 72 bcf.

    With anticipated drawdowns of around 150 and 200 over the next 2 weeks, respectively, UNG should see nice gains.

    Happy New Year.

    Sentiment: Strong Buy

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    • Last weeks degree days total average in central Indiana were...24.21 degree days.
      This coincided with the 72.0 draw down.

      The average for these past 7 days were 37.0 degree days. Your estimation for
      150 drawdown seems well within reason. The 200?? well I'll wait for next wks.
      report of degree days. I admit the forcast for next week seems to back you up.

    • I am certain you will get a negative retort from the guy whose crystal ball looks into the 'future'.
      He's a religious short. lmao!
      After reading a few posts from the same people, it is readily apparent they are talking their book. They read like a book., albeit a rather elementary one. It is obvious to even the most obtuse, this guy is shorter than 2 foot midget standing in a 3 foot hole. But then there is nothing new there.
      LMAO!

 
UNG
12.84-0.33(-2.51%)2:55 PMEDT