The coming US dollar crisis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The coming US dollar crisis

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: RockyBalboa who wrote (25686)	12/17/2009 11:23:55 AM
From: Real Man	of 71456

I was talking only about Max Pain for UNG, too many calls. So, a pullback to 10 by close tomorrow would seem likely. But, just as I said, NG is in "who knows" white swan territory. My bullish "trade" set-up was the following: As storage empties and gets cheaper, the risk taking crowd will jump on Contango risk free trade. The setup is now complete, Contango is gone, so Hell if I know what's next. If we believe this is similar to oil in Winter 2008, then NG has bottomed in the long term. With contango gone, there is much less risk holding UNG and waiting for supply side to catch up with demand.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next