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IBDvalueinvestin (98.62)

4 things working in favor of UNG at this point in time



August 20, 2009 – Comments (0) | RELATED TICKERS: UNG

1. Natural Gas at Decade low Prices today, lows never last long based on historical data.

2. Winter fast approaching

3. Philly Fed. shows Manufacturing at +4.2 vs. -2.0 consensus.
(the more manufacturing there is the more gas is used the saying goes)

4. The "X" factor is that a major Hurricane could hit the USA in Sept. chocking off Supplies.

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