PDL27

Tuesday Outlook: Commodities, Global Markets

My partner and I were considering a paired trade of Long UNG and Short oil figuring the two should move directionally together and UNG is way below historical norms relative to oil. But then we just looked at UNG's chart and couldn't justify trying to catch the falling knife.

Good luck, doubleguns.


On Apr 14 06:21 AM doubleguns wrote:

> As always thank-you Dave for the fine charts and I like the story
> about the sugar. It made me feel better and worse since I have a
> lot of UNG. I was wondering what I would do if UNG went to 2 cents!!!!
> Ughhhhhhhhhhhhhhh. That would be a nightmare!!!
>
> Seems perverse waiting on hurricane season.

Wednesday Outlook: Commodities, Emerging Markets

Very small comment, Dave... It was Willie Sutton, not John Dillinger, who made that remark about "that's where the money is". But I agree with your sentiment. Thanks for your chart analysis.