Opinions
Jim Huang
HBP NYMEX Natural Gas Bear+ etf
HND-T
COMMENT
Jan 29, 2010
Nymex Natural Gas Bear+ ETF. If you own it for anything more than a very short period, there tends to be leakage in the performance. If you are a day trader and you have a conviction on the price direction, these are the tools you use. Hasn't used it lately because of the volatility of the gas price.
$5.620
Stock price when the opinion was issued
E.T.F.'s
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
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DON'T BUY
Natural Gas Bear+ ETF. Wouldn't be trading this but would use the Natural Gas Bull+ ETF instead. Natural gas chart shows a very long and steady decline but the recent increase looks quite good but thinks there is limited upside. You could have a short-term trade on natural gas from $4.50 to $5, which is not bad.
E.T.F.'s
COMMENT
Inverse and directional ETFs are okay for short term exposure is okay. No issues for holding a matter of weeks. Usually, it turns into a long term hold and then it becomes a problem. Not for long term trading. If you have a short term view that natural gas will go up, it is a good option. However, you are trading commodity futures so you must understand this. The more volatile the underlying asset is, the worse it is as a long term hold.
E.T.F.'s
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