Wednesday, March 3, 2010

Nat Gas Trade- 03.03.2010

This Morning I entered into a long UNG position. I had been day trading the stuffing out of this ETF for a while but I took a break to re-evaluate fundamentals and technicals. Alas, I feel the UNG will bounce off of long-term support. I will ride this baby as far as she takes me. More on this trade to come in the future; stay tuned.

"Do you know why Fund Managers can never beat the S&P 500? They're sheep and sheep get slaughtered."


Patrick M. Ambrus
Managing Partner
Analyze Capital LLC

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