Monday, March 4, 2013

Is the UNG Trade Even Bigger Than Thought?

We have been watching and getting involved in UNG for well over a year, we knew something was going on when no one aw anything but a downtrend, we were buying UNG near the very bottom, I have said numerous times, "This is one of my favorite long term long positions, a secular bull trend that could last years, more like an investment than a trend".


Guess who else seems to agree with us?


Shell Predicts That Natural Gas Or Solar Will Become The No. 1 Energy Source


The UNG chart looks even better to me than the home-builders that were under accumulation in 2000 during the Tech crash, how they knew housing was going to lead the next bull market after the advent of the Internet is beyond me, but the accumulation was there as well as a 2500% gain, UNG looks even better so far.

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