Wednesday, April 29, 2009

I'm Tired

Its late so these points will be brief and frank.

1. I'm not a traditional bear
2. Markets are getting VERY extended
3. Oil will not reach $70 this year and this trade is dead
4. I'm expecting an all time slow market this summer
5. It is very possible that we may not head lower until the Fall
6. UNG is a great long term buy at these levels.....hurricane season is still a ways off, but UNG should climb into it. I don't know when it will start.

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