Thursday, December 3, 2009

UNG & Natural Gas Divergence

Waiting for that dead cat bounce but a good expose on the dis-relationship between the UNG etf and natural gas.

http://www.thedisciplinedinvestor.com/blog/2009/11/16/unnatural-gas-etf-ung-is-this-for-real/

3 comments:

  1. Great chart! I did not realize there was such a gap between the ETF and the actual movement of UNG. I am going to try a small position on the UNG based on a NAV value of 8.26 as of yesterdays close. So I will try a small short.

    ReplyDelete
  2. Please do! I need a massive short squeeze short-term reversal. I hope the bulls have set those bear traps in key positions. ;-)

    ReplyDelete
  3. I haven't paid much attention to the market the past week or so. Looks like I missed the bottom in UNG. It has rallied pretty strong this week. Oh well, it was not a position I felt I had enough convition in.

    ReplyDelete