natgas vs ung

Discussion in 'ETFs' started by Rookie, Sep 24, 2012.

  1. Rookie


    anyone know why $natgas gapped way up today but ung did not.? thx
  2. for the love of God do NOT trade UNG - it is the worst investment product known to man. goog "ung problems" and see what comes up. this issue has been discussed in depth.
  3. Rookie


    Thanks for the concern Frank. I am aware of the severe contango and know the long term trend is toward zero; however, I have swing and occasionally day traded HNU (the Canadian equivalent of UNG but 2:1) with some success. The last time there was a big gap up like that in natgas (without a corresponding gap up in UNG/HNU) was april 24.
  4. Rookie likes this.