Friday, March 19, 2010

UNG

Building a small position in UNG Purchased at $7.42 in premarket. Will purchase more on the trip down.

Selling my small FPL position to finance the trade.

1 comment:

  1. Don't mean to be a party pooper, but there's another ETF futures fund that suffers from contango drag. Long term it has too much friction, and if you feel you have a sense for a short term trade, perhaps considering options on the futures might be an alternative.

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