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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (52931)4/14/2010 12:02:21 PM
From: TheStag  Read Replies (1) | Respond to of 208032
 
GZ I don't know if NG sentiment numbers are correct because I don't find others stats to compare...sentiment ..poll etc..

Like a boyscout in the middle of a forest trying to make a compass with a needle, a tree leaf and some water...



To: GROUND ZERO™ who wrote (52931)4/16/2010 12:48:20 AM
From: Mario :-)1 Recommendation  Read Replies (2) | Respond to of 208032
 
<< I bought some UNG this morning at 7.45, I think I can just hold it... if it drops much more then I'll just add... this market isn't going to zero... >>

Not so sure about zero :-) NG is probably great buy here long term, but these NG etf's are (looks like) sucker bet?

I bought some UNG today at 7.16 - but I will be out if it goes bellow 7.

Look at this chart. NG is higher some 60-70% (guessing) from lows, but all these etfs are making new low.

If you watch closely moves of NG and UNG, you can find many times when NG was up, but UNG was flat/down.

I believe, they can go to zero pretty easy....



Edit... just read you are already out. My post was in regard of your possible adding to UNG position if it goes down...