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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?


To: SliderOnTheBlack who wrote (20310)12/4/2009 2:13:12 PM
From: onginvester  Read Replies (1) | Respond to of 50326
 
Its an excellent strategy slider and even though I'm a Natty bear for a while its the smartest trade a bull can make. Kudos



To: SliderOnTheBlack who wrote (20310)12/4/2009 2:32:27 PM
From: jrhana3 Recommendations  Respond to of 50326
 
Sorry to be wasting your time but actually I did not ask why UNG. The put strategy seems great.

My question was:

<Do you think the underperformance of UNG (versus the actual commodity it is supposed to track) will reverse?>

Which is not at all the same question.

I guess your answer is this: <UNG is transitioning to "Total Return Swaps" to minimize
the negative effects of rolling over futures contracts,>

Again your put strategy seems valid and a great way to make some money. But the actual performance of UNG to date has been horrendous in relation to the price of NG as demonstrated in the graphs I posted-which for me at least is something important to keep in mind.