People believe US is not in a recovery mode.
NG is one of the few commodities that is "local".
【在 z**e 的大作中提到】 : 只见跌，不见反弹。 : 是不是冬天一过，就更没希望啦？
o*********l 发帖数: 1807
4
I hate it when people don't know what they are buying in to.
UNG keep buying the Future Contract of Nat gas so it has no correlation with
spot price movement. It is in COntango(go google it) and it keeps rolling
the future each month so the rolling expenses are killing this one.
