Monday, August 31, 2009

UNG

UNG stands for u r no good

can you believe 10.55 on this ETF with all kinds of complications I hope I got everyone out I wrote several pieces exp[laning the ins and outs of this troubled ETF with the super-contango which is essentially a closed end fund


Us steel looks good to me as a one day trade here buy 43.55 sell up a point on turnaround tuesday
they just turned on another furnace as demand edges up that has to be worth a buck minimum tomorrow