3 reasons to call this short.
2 reasons to call UNG long.
This article by Marketwatch, unfairly/wrongly stated as not using leverage, and being the "worst" performing fund in 2009.
As a contrarian (really, what is that? seriously), I have to take this as a positive sign for long UNG.
http://www.marketwatch.com/story/natural-gas-etf-burned-investors-in-2009-2010-01-04?reflink=MW_news_stmp
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Insightful and Useful Comment!