Monday, 27 February 2012

Question on Natural Gas by a Friend

Question: Would like to seek your opinion on United States Natural Gas Fund (NYSE:UNG).

Answer: For all friends' info, below is the chart on Natural Gas:

No kidding, this stock went from $100 plus to recent low $19.92.  

Basically I think Natural Gas may have hit its bottom. With the Crude oil going higher, natural gas price may kick in higher now.

Having said that, natural gas is a political issue. Currently Us govt policy is not pro-natural gas. Not a lot of policies is towards the usage. Of course Obama got pressure from Crude companies not to have policies to start using natural gas as widespread alternative.

A push in the policy change to use natural gas would definitely ends this fall. And I think with rising oil price, he MIGHT just do it to garner support for the election.

Rgds

Radio FM958访谈 2018年11月15日:世界股市展望 - 现在是熊市吗?

·         美国 股市担心苹果业绩,巴菲特却大胆投资! 道琼斯昨晚闭市在 25080 ,掉了 205 点。在这 10 月 11 月道琼斯的波动都相当大。有很多投资朋友开始怀疑熊市是不是已经来临了。我的答案是还没有。这个跌幅反而是好时机进场。大家不用太担心。 ...