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Horizons BetaPro NYMEX Natural Gas Bull Plus ETF T.HNU

Price: $3.095 | Change: $-0.065 | %Change: -2.06%
Volume: 2.7m | Day High/Low: 3.20/3.06 | 52 Week High/Low: 13.73/3.02
T.HNU Horizons BetaPro NYMEX Natural Gas Bull Plus ETF
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biren1 - (12/5/2012 2:24:03 PM)
RE: RE: RE: don't get traped in HNU

fundamentally, ng should have never reached close to $4 this quick to begin with. Inventory stock piles has been pretty high for the most part, and the weather forcasts had been mild, and continue to be mild. Yet ng and U continued to sky rocket uncheck for months here. Technicals plays a part in trading ng, but i have also found those that manipulation is also a big part, and that is where the mm's come into play.

Think i am wrong, then love to hear an explanation how ng goes down huge for 1 week straight, and then all of a sudden today does a U turn correction upward. Either someone is in the know of what the report will be, or someone is manipulating the price. Either way, good for us swing traders to make money both ways in the interim