STX 2.56% 19.0¢ strike energy limited

widow maker looking quite nice at the moment

  1. 618
    1,870 Posts.
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    UNG, the natural gas ETF (commonly referred to as the widow maker for its sharp decline over the past few years), continues its surge following another spike in Natural Gas price. This is after colder than expected weather saw a huge drawdown in US gas inventory. With industrial activities picking up speed, and the record short positions starting to cover, it is quite possible that we could be looking at mid-6s in the near future...

    http://www.marketwatch.com/story/oil-futures-drop-as-us-dollar-rallies-2009-12-17

    http://www.benzinga.com/general/66298/bullish-signals-on-natural-gas-pays-off-in-huge-way-on-xto-energy-inc-nyse-xto-and-oth

    http://www.forbes.com/feeds/reuters/2009/12/17/2009-12-17T203054Z_01_N17238321_RTRIDST_0_MARKETS-NYMEX-NATGAS.html

    Just think what this is doing to our bottom line :o) Some fantastic views on our way to Mount Quadruple Front Drilling :o))

    618
 
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