Discussion in 'Energy Futures' started by krishiyer, Jun 29, 2007.

  1. Natural gas has been dropping for the past almost 10 days. Any bottom in sight?
    Even though there are ample supplies (99 bcf injection report on thursday), Could hedge fund problems be responsible for the speedy drop? When USO (CL) is so steady & trying to break out!!
    How wide CL-NG spread can become? Views from experienced NAT gas traders welcome.
    Trying to slowly average in to UNG long!!!!
    (46.2,44,4,42.40!!) May sell July UNG 45 calls to reduce cost.
    Hopefully will stabilise between 6.15-6.75 & waiting for storms,higher temp,lot of prayers!!!!
    Does UNG pay any monthly dividend ?