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What would you do at (1)? Any certain action you would take? Any idea what it is?
I will publish the answer to this quiz in a couple of days. Send me an email at [email protected] if you have some thoughts or would like me to send you the answer before posting it on the blog.
Good luck and have fun, Chris
Looks like the nat. gas etf UNG to me. Unfortunately I don’t trust the movement on some of the etf’s and UNG is on that list. Instead I bought SWN and ECA last week. Take a look at their movement. I have upside targets of 5.00 and 6.10 for the continuos nat. gas contract and will slowly exit the above mentioned companies as they are hopefully reached.
Keep up the good work!
Please update your views on the US dollar since I believe just about every market hinges on the dollars next move.