Sellers seize last bastion

UNG bulls battled the bears mightily as the price rose to an astounding 8.47, but the sellers are winning now. Price has been driven down to 8.28 as profiteers jump ship. To be expected, of course. Safe handling can include trailing stop loss on a hot potato like this.

That leaves just a handful of winners on the bull side, like EBAY. We could see -300 on the Dow by the close. We could also see +100. I wouldn't bet against either.

Nat gas plays were done on the bull side much earlier today with the exception of UNG. Only the brave and foolish mess with this from this point. Next week? New start for the natty gassers as projections take root in the new Obama-led clean energy era. The spec trade will turn into the value trade, barring global insanity.