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UNG - Natural Gas ETF - Page 48

post #941 of 1357
I havent seen that many buys come in and a stock not rise in a very long time.
post #942 of 1357
Pretty sure that was the bottom!
post #943 of 1357
nice jump...
post #944 of 1357
nice fall..ahahhhha
post #945 of 1357
Flipped this yesterday put in my sell limit before i left for the office for the wrong amount and had to settle for a loss. AHHH, was so mad.
post #946 of 1357
yea..i guess im in it for the long haul (i might add more..or add oil...ive been more successfull with crude...

still waiting for the horrible housing data before i buy anything
post #947 of 1357
WOW..broke support!!
looks dangerous...there has to be a nice bounce up soon!!
post #948 of 1357
excess of 40bcf..compared with 38 for estimates
yet still lower than last years reserves
post #949 of 1357
is this the bottom?
post #950 of 1357
Natural Gas is getting hammered short it and wait until the beginning of winter and long the hell out of it. That is the only time its going to go up now, or until things with the market start to calm down.
post #951 of 1357
u still think its going to go more down?!
post #952 of 1357
whats going on?!!!

its jumping like crazyyy up!!
post #953 of 1357
Hmm...I think it's about time to go long on this, for the next few months.
post #954 of 1357
whats ur thoughts now on this?
post #955 of 1357
My thoughts are that I'm very glad I didn't put money on this the other day when it seemed to have made a bottom and I considered it.

Natural gas is very undervalued in comparison to oil when it comes to how much energy you get per dollar so it's tempting to invest in it. But this doesn't matter very much since you can't burn gas in an oil burning device. Switching from oil to gas on a large scale takes a lot of money and time. In the meantime there's more natural gas sitting in storage than the current users need so the prices are staying low.
post #956 of 1357
chart.ashx?t=ung&ta=1&p=d&s=l

Ouch
post #957 of 1357
Quote:
Originally Posted by iikkakeranen View Post
My thoughts are that I'm very glad I didn't put money on this the other day when it seemed to have made a bottom and I considered it.

Natural gas is very undervalued in comparison to oil when it comes to how much energy you get per dollar so it's tempting to invest in it. But this doesn't matter very much since you can't burn gas in an oil burning device. Switching from oil to gas on a large scale takes a lot of money and time. In the meantime there's more natural gas sitting in storage than the current users need so the prices are staying low.
with them predicting a warm winter i mean jan and feb will that hurt the stock. ALso it looks like dec will be cold
post #958 of 1357
So I just bought 1000$ in GAZ a few weeks ago and have lost nearly 100$. Does anyone think this will keep going down or will it pick back up and make some gains. If I sell it now thats going to be some christmas gifts that are not bought but if it keeps going down its going to eat my lunch. I guess I can get the 100$ back when I transfer to options house here in a week but I dont know if I should transfer my positons in GAZ or just cash out the account and do a new cash transfer.

Also does anyone have any feed back on options house, do they have good execution on buys and sells.
post #959 of 1357
Quote:
Originally Posted by rppearso View Post
So I just bought 1000$ in GAZ a few weeks ago and have lost nearly 100$. Does anyone think this will keep going down or will it pick back up and make some gains. If I sell it now thats going to be some christmas gifts that are not bought but if it keeps going down its going to eat my lunch. I guess I can get the 100$ back when I transfer to options house here in a week but I dont know if I should transfer my positons in GAZ or just cash out the account and do a new cash transfer.

Also does anyone have any feed back on options house, do they have good execution on buys and sells.
whats the difference between GAZ and ung? does GAZ represent the price of nat gas better? i heard ung doesnt do that good of a job
post #960 of 1357
I pulled out of gaz it is tanking bad right now, I have some free trades now so I bought a penny stock and made half my money back but that was a really bad first investment experience. I mean I understand there are ups and downs in the stock market but gaz litterally tanked this last week and I can understand that it happens but what are the odds on my very first trading experience that would happen while my initial pricipal capital was still exposed (its one thing to loose money on paper and another to loose money you worked for). So my free trading period is almost over I am going to switch to options house since I had to get out of most of my positions and ameritrade is pretty steep at 10$ a trade that can eat into profits or cause you to incure even more losses in a hurry, 10 trades is nothing when you are trying to recover from what gaz did. I get a free 100$ from signing up with options house but their money market interest is quite a bit less but their trades are only 3$. I am hoping we see brokerage houses that start offering trades for less than 1$ considering its all online now and automated.

So now I have 70 less $ to use for christmas unless I can make it back at options house.

I would stay away from gaz who knows where the bottom is, I mean I thought 8$ was pretty low but thats 8 more $ it can fall especially since the 1yr trend shows it asmototicly approching 0. Gaz is an ETN and UNG is an ETF, from what I understand ETN's track the actual commodity better.
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