[quote author="rick_r" date=1251361976]What do you guys think of UNG (Natural Gas ETF)?
Looks like it might have hit a bottom, thinking about investing some serious $$$ into it.
I can't see it getting much lower then it is right now. Opinions are appreciated.
http://finance.yahoo.com/echarts?s=...=on;ohlcvalues=0;logscale=on;source=undefined
Thanks</blockquote>
I personally love ETFs, and have been recommending them to others who got killed in mutual funds and sick of paying mgmt fees. Some ETFs are for trading (2x, 3x levered) and some are good for holding long term.
The best way to invest in commodities are buying individual companies, gold miners, natrual gas producers, oil dirllers...etc. But if you don't want to take company specific risks and have no time for in depth research, I say ETF is the way to go.
Now on to natural gas, I attached two screen shots, one comparing two natural gas ETFs and the other compring the natural gas commodity price against ETF. You be the judge.
Typically when natural gas made a run, its 2-300% to say the least, you just don't know when it will start, so I will recommend accumulate slowly over time. Good luck
<fieldset class="gc-fieldset">
<legend> Attached files </legend> <a href="http://www.talkirvine.com/converted_files/images/forum_attachments/412_BxibTRwFH7ME0DpKjrr0.gif"><img src="http://www.talkirvine.com/converted_files/images/forum_attachments/412_BxibTRwFH7ME0DpKjrr0.gif" class="gc-images" title="sg2009082742428.gif" style="max-width:300px" /></a> <a href="http://www.talkirvine.com/converted_files/images/forum_attachments/413_QhrcjtFJenpMKuN6fORT.gif"><img src="http://www.talkirvine.com/converted_files/images/forum_attachments/413_QhrcjtFJenpMKuN6fORT.gif" class="gc-images" title="sg2009082743149.gif" style="max-width:300px" /></a> </fieldset>