Time To Buy Natural Gas As Short Position May Be Ready To Unwind
Posted on October 14, 2008 at 09:00 AM EDT
We’ve begun buying United States Natural Gas ETF (UNG) here in the 29-30 range as we believe it is likely that the sizeable short position in natural gas will begin to unwind very soon. Natural gas has just filled a significant gap at $6.50 dating back to September 2007, and the commodity has been completely [...]
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