UNG
#1
Posted 17 January 2012 - 10:51 AM
#2
Posted 17 January 2012 - 12:20 PM
#3
Posted 19 January 2012 - 02:49 PM
#4
Posted 25 January 2012 - 03:41 AM
johngeorge
#5
Posted 25 January 2012 - 09:06 AM
For a natural gas play I prefer FCG. From Barchart.com, Yahoo, Nasdaq, Weekly Chart. I do not have a position at this time, but, I believe nat gas is getting very interesting at these prices and watching.
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This is a substitution effect at work, coal use is going down due to costs etc, and NG is cheaper. The two equilibrate somewhere around $5mmbtu, but once the change over is made, it sticks for a while. I am long from bottom.
This is also short Contract which is needing a cover, Nearby contracts reflect the pressure.
Don't stay too long but I will let the market set the limit.
Islander
#6
Posted 03 February 2012 - 10:40 AM
For a natural gas play I prefer FCG. From Barchart.com, Yahoo, Nasdaq, Weekly Chart. I do not have a position at this time, but, I believe nat gas is getting very interesting at these prices and watching.
while I own some FCG IMO the much better and safer plays are the Gassy Royalty trusts as you directly own the assets and get a big tax free divvy as well. I like HUGOTON (HGT) which is an XTO (now XOM) related trust and has no long term debt. You can safely wait for nat gas to recover and collect a fat divvy. Full disclosere - I have recently bought a sunstantial position and at your own risk.
BSing away
Senor
#7
Posted 03 February 2012 - 05:07 PM
#8
Posted 03 February 2012 - 05:39 PM
#9
Posted 04 February 2012 - 04:51 PM
johngeorge
#10
Posted 05 February 2012 - 11:21 AM
Senor BS
Thanks so much for the insights and information. It is most appreciated.
Best to you.
IMO using a "blend" of vehicles is likely a good ides for nat gas, if the EPA did announce some kind of fracking limitation sime of the FCG stocks could take a big hit, however nat gas itseld would likely rally strongly, so I am using a mix of FCG and HGT and SJT and some other stocks that have an oil/gas mix