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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: RockyBalboa who wrote (25686)	12/17/2009 11:23:55 AM
From: Real Man	Respond to 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.