Sunday, June 20, 2010

Long UNG and SD, plus market outlook

I am long ung and sd in retirement accounts. Both of these trades are tied very closely to natural gas. The social mood for nat gas is heavy and the actual price of the product is so low that something is going to happen. I believe a slow bull market similiar to gold for the next six months. Then a vicous spike upwards.


The market, i believe the unthinkable is about to happen. The market is going to crash along with the bond market. It will be the best time to purchase US bonds ever with yields reaching 10%. Gold and miners will benefit.

Adios

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