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pantera

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pantera

Re: Joe Stocks post# 38929

Tuesday, 04/29/2008 1:35:41 AM

Tuesday, April 29, 2008 1:35:41 AM

Post# of 77460
Joe,

Careful now, I'm in a slump.

My full short position in UNG has many yrs of trading energy behind it. First and foremost, the fundamentals don't support NG to be trading this high. I am at a loss to see the demand part of the equation? It has had a parabolic rise which I don't think is sustainable from a technical perspective. I also look to the natural gas stocks I track which were not following suit with today's 2% increase.

I'll give it some rope?

Vive ut vivas!

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