Monday, July 6, 2009

Bad News = UNG gapping to 52 week lows

Good news is I will be stopped out (I will give it 10 cents below its open and then sell out) and stop having to worry about this POS... well, I guess that's really not good news. But I have had about enough fun with UNG for the time being. UNG is a trade I got up about 15% on and will end up taking a loss of about 10% (and this happened all in a few weeks).

Also, all commodities getting rocked again and the market is down - looks like a Thursday repeat so far.

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