Is the play?

Discussion in 'Trading' started by drukes1234, Sep 3, 2009.

  1. For those bullish Nat Gas and have subsequently bought UNG have been burnt and there is way too much going with the CFTC overhang and all the other crap. Is on the Toronto Stock Exchange the play? It seems to be tracking Natty much better and doesn't have any of the BS associated with UNG it seems.
  2. slavduja


    yeah i have been wondering whats going on with the natural gas, bought HNU which is double leverage at 1.72. The sentiment has been overly negative, and UNG is a mess plus I live in Canada and like to play in $CDN when possible. On cyclical basis how does nat gas do in september and october and what do you think is the possibility of forward contracts prices holding at above 3.70? The pairity of oil to gas ratio is way off at like 25 ( norm at 9- 15) is that because of vast amounts of nat gas findings ?? Huge inventory build ups??
    How can you monitor nat. gas storage numbers??