The Dollar & UNG

blueybong · Dec 8, 2009

Anyone hedging on the dollar to have a short term rally?

I bought some UUP.

Also UNG (natural gas ETF) hit a new 52 week low last week, so I bought some @ 8.52. Yesterday it had a nice run, but I'll continue to hold for the balance of this week since it's getting cold & snowing through out the US.

Any thoughts on either of these two trades?

blueybong · Dec 11, 2009

blueybong said:
Anyone hedging on the dollar to have a short term rally?

I bought some UUP.

Also UNG (natural gas ETF) hit a new 52 week low last week, so I bought some @ 8.52. Yesterday it had a nice run, but I'll continue to hold for the balance of this week since it's getting cold & snowing through out the US.

Any thoughts on either of these two trades?

Damn I was hoping some others might be trading these ETF's.

I sold UNG yesterday @ $9.64 for a $1.12 profit(I had 8K shares)

And UUP/dollar may be getting a short term rally since Spain, Greece, Ireland and some other countries are having debt problems.

Any thoughts???????????????

blueybong · Dec 11, 2009

oh yea, the euro is now below 1.47. The gold rally is fading and oil has dropped big in the last week.

Dollar rally coming soon!!!!

The Dollar & UNG

blueybong

Well-Known Member

blueybong

Well-Known Member

blueybong

Well-Known Member

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