Seeking Alpha
  • FREDDESAIN
    UNG didn't follow the move in nat. gas when it spiked, but it is tracking with the commodity pullback just fine. Doesn't smell right.
    11/2/12
    Reply (3)
    • Hypnos7: I don't have a ticker feed for back-month contracts, but it looks like natgas is in contango. The ETF is losing money as it rolls forward.
      11/2/12
    • Hypnos7: Same thing happened last month.
      11/2/12
    • Hypnos7: When the October contracts expired -- gap up with no movement in the natgas funds.
      11/2/12