Friday, August 21, 2009

Natural ETF-week end portfolio adjustments







The natural gas play using the ETF also has a new developing problem as a premium is now being built into the product as a result of it -It is no longer a bet on just Natural gas it is a bet on the product continuing to exist if this problem is not resolved then I will abandon this a way to play Natty Long term it is ridiculous they are killing a perfectly fine product as FINRA and CFTC justify their existence in their quest to regulate and make sure their in "manipulation "
if that is not the pot calling the kettle..... I don't know what is! I m very long and I am making moves across the board to protect right here i reco'd buying 3x power shares this morning take your 2+points that should cover everything you lost in Natty and then some
If you rode this with me it makes sense to protect right here right now
We are still bullish but how many straight line charts have you seen sell em when they scream
buy em when they panic that is my motto Buffet has something similar












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