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Re: Trinityz1 post# 11137

Saturday, 08/01/2009 4:51:11 PM

Saturday, August 01, 2009 4:51:11 PM

Post# of 14027
I WAS long a lot of various NatGas plays until recently , I saw same reports of bulding inventories , now if and when oil spikes again we should see the price jump , it is really low right now , but it is going to take a large interruption and or catalyst to get NatGas back on the move.... You know I would buy a natgas car if it was possible , just to hard to find the service and fuel refills needed, I hear same thing from truckers, I guess there are few new natgas semi trucks on market but it is so hard to find refill stations and service stations it is to risky... NatGas may have a ton of benefits and may be a solid source of fuel in the future , but right now , today , we are years away, I sold almost ALL of my natgas holdings , at small loses mostly , I do still hold some UNG call options and few shares of UNG as a defensive play in my IRA ....