May be time to start buying Natural Gas UNG, at its lowest
posted on
Mar 04, 2010 11:02AM
Buy low (may go lower), will go higher at some point, when??? don't know
NEW YORK (MarketWatch) -- Natural gas in storage declined by 116 billion cubic feet in the week ended Feb. 26, the Energy Information Administration said Thursday. A Platts survey of analysts expected a larger withdrawal of 128 to 132 billion cubic feet. Down ahead of the storage data, natural gas for April delivery fell further in its wake, with the contract off 12 cents, or 2.5%, to $4.640 per million British thermal units