You can set your watch by it, the U.S. Natural Gas Fund ETF (UNG) almost hit a new low again.
The U.S. Natural Gas Fund ETF (UNG) hasn't stopped falling since summer. Since June the UNG has lost 45% of its value.
The UNG came within 3 cents of hitting a new low today but managed to finish at $6.83. The UNG hit $6.73 last week, today it touched $6.76 and got as high as $6.96.
The big question is how long will natural gas prices continue to plunge and more importantly will the UNG stop falling?
Mastery attempted to answer that question earlier this month in our article Now you're Cooking with Gas (UNG)
We still stand by our thesis --
What peaked our interest to believe,,,,,,,,,,,,,,,,,,,,
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.
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