UNG sure looks tempting right now

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Triplethought
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UNG sure looks tempting right now

Post by Triplethought »

Can someone talk me down from buying UNG at around $8.00? I know "futures contracts" are above my pay grade buy I can't figure out why buying natural gas at the lowest rates in a year wouldn't be a good idea.

Maybe someone out there can tell me why this isn't a good bet?
Current atmospheric levels of CO2 (400ppm) are much lower than 500 million years ago (3000-9000ppm).
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SOL
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Re: UNG sure looks tempting right now

Post by SOL »

Triplethought wrote: Fri Feb 03, 2023 6:09 pm Can someone talk me down from buying UNG at around $8.00? I know "futures contracts" are above my pay grade buy I can't figure out why buying natural gas at the lowest rates in a year wouldn't be a good idea.

Maybe someone out there can tell me why this isn't a good bet?
The main move is gone. Having said that it is trading in the extremely oversold ranges on the weekly charts, but overbought on the monthly charts. Uranium looks better and we will soon start recommending some positions in it. We have a small position in it via URA. Aim for things that people are not focussing too much on or kind of despise; this is a long term strategy
When the words short term appear under any post; the same conditions listed in the Market update under the short term category apply

The end is always near; its the beginning and how you live each moment that counts the most
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Re: UNG sure looks tempting right now

Post by Triplethought »

SOL wrote: Fri Feb 03, 2023 6:15 pm
Triplethought wrote: Fri Feb 03, 2023 6:09 pm Can someone talk me down from buying UNG at around $8.00? I know "futures contracts" are above my pay grade buy I can't figure out why buying natural gas at the lowest rates in a year wouldn't be a good idea.

Maybe someone out there can tell me why this isn't a good bet?
The main move is gone. Having said that it is trading in the extremely oversold ranges on the weekly charts, but overbought on the monthly charts. Uranium looks better and we will soon start recommending some positions in it. We have a small position in it via URA. Aim for things that people are not focussing too much on or kind of despise; this is a long term strategy
Thanks SOL. Very long term I think URA may be less valuable in 10-20 years as Fusion comes on line (which uses Hydrogen). URA will still be used in weapons and older reactors for quite a while though. I'll take a look at it.

But Given UNG is (even with a slight uptick today) at all time lows I'm baffled how it could be "overbought on the monthly charts". I always took this to mean the graph shows an upward trend on the monthly, which to me it does not look like
Current atmospheric levels of CO2 (400ppm) are much lower than 500 million years ago (3000-9000ppm).
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Re: UNG sure looks tempting right now

Post by scremonini »

Tell me about it. I am knee deep in Nat gas but only entered recently at least…

I also have consistent URA positions
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Re: UNG sure looks tempting right now

Post by Yodean »

Triplethought wrote: Fri Feb 03, 2023 6:23 pm But Given UNG is (even with a slight uptick today) at all time lows I'm baffled how it could be "overbought on the monthly charts".
Natural gas is known as the "widowmaker." Would stay away from it - not good for orphans or widows.

Btw, how's that rash?

:?:
Buy Fear, Sell Euphoria. The Neonatal Calf undergoes an agonizing birthing, while the Bear falls into hibernation.
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Re: UNG sure looks tempting right now

Post by Triplethought »

Yodean wrote: Fri Feb 03, 2023 7:45 pm
Triplethought wrote: Fri Feb 03, 2023 6:23 pm But Given UNG is (even with a slight uptick today) at all time lows I'm baffled how it could be "overbought on the monthly charts".
Natural gas is known as the "widowmaker." Would stay away from it - not good for orphans or widows.

Btw, how's that rash?

:?:
Rash resolved. I'm pretty sure it was just hot tub -I've taken to hitting the shower after every long soak now. But having cardiac problems now. High BP and an anomaly on ekg stress test. 1st Cardiologist wanted to do a heart cath. Got 2 second opinions and they said said that is 1% complication territory and isn't necessary so now keeping an eye on it.
Current atmospheric levels of CO2 (400ppm) are much lower than 500 million years ago (3000-9000ppm).
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Re: UNG sure looks tempting right now

Post by Eric »

No worries, Moderna has a brand new mRNA shot to [s]cause[/s] er, I mean cure the heart failure [s]caused by their other mRNA shots![/s] that came out of nowhere and is completely and totally unexplanable.

Image
Here's the most up-to-date list of everything that's causing everyone to suddenly die:
  • Climate change: Starting with the most obvious here.
  • Standing up too quickly: You have to stand up slower!
  • Standing up too slowly: You have to stand up faster!
  • Excitement from watching She-Hulk: Try pausing the show and slowly breathing into a paper bag to calm back down.
  • Crushing grief about how tough things have been for Harry and Meghan lately: They've just been through so much. All they want is some privacy!
  • Not enough bugs in your diet: You must eat ze bugs!
  • Saying "love you" out of habit at the end of a phone call with your coworker: A moment of silence for these poor souls.
  • Being misgendered: Millions die this way every day.
  • Trying to hold it for the entire duration of Avatar 2: Bladder explosion has been linked to heart explosion.
  • You're a Victorian-era damsel and a mouse scurries out in front of you: You're going to want to keep a fainting couch close by to cushion your fall.
  • Heartbreak after hearing of Dr. Fauci's retirement: You can in fact die of a broken heart.
  • Accidentally touching the Ark of the Covenant: Experts say this accounts for over half of myocarditis deaths.
  • Having to use the gas station bathroom: Instant fatality!
  • Someone dropped your favorite ring into the fires of Mount Doom: Nooooooooooo!
  • Getting an experimental, untested substance injected into your body multiple times: Nah... couldn't be that.
Well, there you have it, everyone. Watch out for these, and stay safe out there!
Science doesn't know what's causing elite athletes to suddenly drop dead while walking to class, but science definitely knows the one and only thing that's not causing sudden-adult-death-syndrome.
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WOD

Post by Yodean »

Triplethought wrote: Sun Feb 05, 2023 12:44 am But having cardiac problems now. High BP and an anomaly on ekg stress test. 1st Cardiologist wanted to do a heart cath. Got 2 second opinions and they said said that is 1% complication territory and isn't necessary so now keeping an eye on it.
Good to hear that the rash resolved, for now. It will likely come back at some point, even if you stay away from hot tubs.

All jokes aside, quite a few of the VaxInjured or VaxRemorsed with whom I've been helping a bit ended up with various mysterious, new cardiac "anomalies," including:

-EKG changes, high troponin levels, chest pain, palpitations, various arrhythmias, etc.

-a few ended up in the CCU and had cardiac catheterizations peformed, which were normal (good news for you);

*****

Not specific medical advice, but I've been developing a rough framework for the VaxInjured post-jab as the medical evidence continues to roll in:

-the key period to survive is approximately the first 6 - 8 months after your most recent booster - I call this the "Window Of Death" (WOD) - it's a particulary risky period for serious events like cardiac arrest/death (from myocardial infarction, arrhythmias, etc.), myocarditis, strokes, pulmonary emboli, etc.;

-if memory serves, you received your fifth (!) jab this past November, so you're in the midst of the WOD;

-my general advice for those in the WOD or Death Window is:

-take daily ASA (81mg daily will do, assuming no specific contraindications like a history of previous life-threatening peptic ulcer disease or large hemorrhagic stroke, etc.)

-only exercise light - no intense exercise like heavy weights, competitive sports, contact sports, marathons, etc. - walking, light swimming, yoga, tai chi, chi gong, etc. are better choices during the Death Window period; the idea is to minimize catecholamine release (i.e. sympathetic overflow), which can aggravate arrhythmias and contribute to cardiac stress induced by the jab;

-a rough guideline is to try to keep your pulse rate below 110 - 115 when exercising, or having sex;

-reduce/eliminate alcohol intake during the WOD - subject to individual physiology, alcohol has cardio-toxic effects and may increase the predisposition towards cardiac arrhythmias/dysfunction during the Death Window;

-keep caffeine intake low during the WOD, as well (caffeine drives sympathetic overflow, depending on amount ingested); also eliminate cocaine use during the Death Window;

-during this period, you may also want to look into some of the recommendations in the previously posted PDF, and do the ones that are easy and align with your predisposition;

-if you get through the WOD, you are not out of the woods completely (e.g. long-term immune system damage from jabs yet to be determined, including likely increased susceptibility to advanced cancers), but your prognosis significantly improves;

May the Force be with you.
Buy Fear, Sell Euphoria. The Neonatal Calf undergoes an agonizing birthing, while the Bear falls into hibernation.
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Re: WOD

Post by Triplethought »

Yodean wrote: Mon Feb 06, 2023 5:12 pm
Triplethought wrote: Sun Feb 05, 2023 12:44 am But having cardiac problems now. High BP and an anomaly on ekg stress test. 1st Cardiologist wanted to do a heart cath. Got 2 second opinions and they said said that is 1% complication territory and isn't necessary so now keeping an eye on it.
Good to hear that the rash resolved, for now. It will likely come back at some point, even if you stay away from hot tubs.

All jokes aside, quite a few of the VaxInjured or VaxRemorsed with whom I've been helping a bit ended up with various mysterious, new cardiac "anomalies," including:

-EKG changes, high troponin levels, chest pain, palpitations, various arrhythmias, etc.

-a few ended up in the CCU and had cardiac catheterizations peformed, which were normal (good news for you);

*****

Not specific medical advice, but I've been developing a rough framework for the VaxInjured post-jab as the medical evidence continues to roll in:

-the key period to survive is approximately the first 6 - 8 months after your most recent booster - I call this the "Window Of Death" (WOD) - it's a particulary risky period for serious events like cardiac arrest/death (from myocardial infarction, arrhythmias, etc.), myocarditis, strokes, pulmonary emboli, etc.;

-if memory serves, you received your fifth (!) jab this past November, so you're in the midst of the WOD;

-my general advice for those in the WOD or Death Window is:

-take daily ASA (81mg daily will do, assuming no specific contraindications like a history of previous life-threatening peptic ulcer disease or large hemorrhagic stroke, etc.)

-only exercise light - no intense exercise like heavy weights, competitive sports, contact sports, marathons, etc. - walking, light swimming, yoga, tai chi, chi gong, etc. are better choices during the Death Window period; the idea is to minimize catecholamine release (i.e. sympathetic overflow), which can aggravate arrhythmias and contribute to cardiac stress induced by the jab;

-a rough guideline is to try to keep your pulse rate below 110 - 115 when exercising, or having sex;

-reduce/eliminate alcohol intake during the WOD - subject to individual physiology, alcohol has cardio-toxic effects and may increase the predisposition towards cardiac arrhythmias/dysfunction during the Death Window;

-keep caffeine intake low during the WOD, as well (caffeine drives sympathetic overflow, depending on amount ingested); also eliminate cocaine use during the Death Window;

-during this period, you may also want to look into some of the recommendations in the previously posted PDF, and do the ones that are easy and align with your predisposition;

-if you get through the WOD, you are not out of the woods completely (e.g. long-term immune system damage from jabs yet to be determined, including likely increased susceptibility to advanced cancers), but your prognosis significantly improves;

May the Force be with you.
Thanks brother. I was looking for the term for catecholamine release when I questioned the Cardiologist about whether I could get back to exercise. He had just shrugged and said sure there is not problem "just listen to your body". I'll have to check my pulse rate when I'm on the stair stepper.
Current atmospheric levels of CO2 (400ppm) are much lower than 500 million years ago (3000-9000ppm).
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Re: UNG sure looks tempting right now

Post by Triplethought »

Was curious about the exercise component post Covid and post vaccine so went searching. found this article which seems to imply exercise HELPS, which is different from what a doctor had told me a few months ago

https://www.sciencedirect.com/science/a ... 4621001460
Current atmospheric levels of CO2 (400ppm) are much lower than 500 million years ago (3000-9000ppm).
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Re: UNG sure looks tempting right now

Post by Yodean »

Triplethought wrote: Mon Feb 06, 2023 6:17 pm Was curious about the exercise component post Covid and post vaccine so went searching. found this article which seems to imply exercise HELPS, which is different from what a doctor had told me a few months ago
Exercise/movement helps, in terms of blood flow, etc. - but the right type of exercise is important for the Death Window: fairly gentle, not too intense.

You want the blood flow going to all the right places to decrease fibrin formation (clots), etc., but if the exercise is too intense/competitive - increased catecholamine release is just increased sympathetic drive (e.g. epinephrine/norepinephrine, cortisol, etc.), which will increase your likelihood of an arrhythmia, coronary artery vasospasm, etc.

Prolly what happened to Damar Hamlin ...

Find that sweet spot.

Once you're out of the Death Window, can ramp up the intensity.
Buy Fear, Sell Euphoria. The Neonatal Calf undergoes an agonizing birthing, while the Bear falls into hibernation.
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Re: UNG sure looks tempting right now

Post by chippermon »

Triplethought wrote: Fri Feb 03, 2023 6:09 pm Can someone talk me down from buying UNG at around $8.00? I know "futures contracts" are above my pay grade buy I can't figure out why buying natural gas at the lowest rates in a year wouldn't be a good idea.

Maybe someone out there can tell me why this isn't a good bet?
I suppose it depends on your timeline. To me it looks dead, at the moment. you would think prices here would be negative for production but demand is down 6% last week and production is up 6% so there is no impact on prices for now. Demand is keeping up with supply and warmer weather is on the way. Maybe better opportunities elsewhere.

This is one nasty looking chart for sure but.....

I think you're going to see some sideways action before it fills that weak leg up to 3.60.

Image
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