Easy triple he said lmao
Yup - people often get confused about NG prices, thinking that winter is the best time to buy NG - however, a look at 5-10-30 yr seasonality charts tells a different story.
It’s dicey, but there’s money to be made. Waiting until spring.
Yea I got out in the green been holding and buying for 7 or 8 years and rode the 1:4 RS. Just glad to be out. This product has heavy contango. Goodluck
$UNG now over $30, a new multi-year high
$UNG is just one fund from USCF.
USCF is one of several subsidiary companies of $MGLD
Yea got lucky. Kept renewing a GTC for past couple years for $30. Tough hold. I like natty gas and think it goes higher
You got out at a good time. Down almost 9% as I post this.
I bot today at what I hope is a good point. Been flipping this thing repeatedly.
Ya was buying in 2013 and kept buying for years:)
Even held thru a 1:4 split and kept buying lol
8 years? I didn't know this thing had even been around that long! Anyway, congrats on the profit. That’s why we’re here.
Yes good read
“US natural gas market from “structural surplus”, a condition that has now existed for well over 15 years, to “structural deficit”. Almost immediately”
Best statement for natty
Nice find man
Hardly, I’m just 4 God :)
But your God lol
Please tell me Lord haha
Yup - UNG is killing it.
That’s some bullshit right there
Could go over $30
Pretty good volume too
Greatest economic recovery ever
What in the hell lol
Possibly end of month but I don’t know. If you watched UNG and compared it to TVIX throughout the years, you notice some striking similarities. Theoretically I think UNG could spike just like a volatility product. Chart a 10 year chart of UNG and chart a 10 year chart of SPY.
Is we trading doge coin or natty?
I am holding BOIL for the same reason/hope.
When does the futures contracts contango need to unwind?
Contango is going to backfire soon. UNG could go way up, no joke
It is becoming more probable that we are about to see one of the most epic NG runs of all time
Could be time for CONTAGO to work in Our favour .
Nowt Is Guaranteed though .