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Holding: UNG

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Symbol Sector Return Exposure Trades Last Trade Status
UNG Equity Investment Instruments 8.60%  n/a 5  26-Mar-08  Prior Holding
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22-Mar-08

UNG: Natural gas sold short

Holding Rationale for UNG.

I sold this short based on the high range drop in the energy complex (IYE, crude, and numerous individual stocks), suggesting that an intermediate top is setting in. My initial stop is at 47.60.

Tagged Stocks: UNG

 

Posted at 14:46 in Holding Rationales  |   Permalink  |   Comments ()     |  Top

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Don_Bartell

UNG Out
Rank 7/70
Return 8.60% at 2009-01-08
Rank 7/70
Trades 5
Followers 178
 

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