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Re: shulic post# 176

Thursday, 07/02/2009 9:24:22 AM

Thursday, July 02, 2009 9:24:22 AM

Post# of 1298
You know why that might be a good play? Dennis Gartman of the 'Gartman Letter' says that EVERYONE is short oil and long Nat Gas. And, it's a trade that EVERYONE is losing on. The idea has been that nat gas is way undervalued compared to oil. So, they have been piling into it mainly via the UNG etf. But they've been getting double screwed on that trade.

CRZO is a nat gas stock and most likely has been bid up due to all these people piling into nat gas stocks also. So, it could be a crowded trade where everyone bails at the same time.

Interesting.

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