Morning Thoughts – Oldinvestor

And down we go. Waiting… There is literally nothing new for me to speak of, at least not that I’m aware of. LNG bad, Cooling Degree Days good, production good and bad, back to LNG… waiting for LNG, and it’s going to take fooooreeeeevvvvvverrrrrrr.

My position

UNG – 60% in with an average of $11.23 – waiting.

I have no plans to buy or sell yet. I’m in no rush, going to be another 2 months before LNG shows any possible signs of recovery. good luck


I might sell some covered calls against SLB, EOG, WPC, SRC. Not in my example account, just as a side note.