Thiesmann told Fast Money that he’s watching the weather world and specifically hurricane season for trading ideas. Because a bad storm could disrupt drilling in the Gulf Of Mexico, Theismann is bullish of nat gas and he’s playing it with the UNG (UNG) – the nat gas ETF.

Dion points out that the tail of UNG is about to start wagging the actual natural gas futures, which as we know is incredibly easy to manipulate -- ever hear of Amaranth Advisors? It looks like breakout time despite there being no particular reason for a breakout other than the 18 to 1 ratio that now exists between oil and natural gas -- the largest ever -- and the plethora of recent articles bashing coal.

Spread play

has not moved much since bottom

like what i see

Natural Gas may trade a little lower however we will be using it for a long time to come.

oversold to oil

my favorite since the last run

Coming out of congestion, expanding volatility to upside, rising sector.

Natural gas bottomed out

prices heading down

Poor performance but may be looking up.

ugly looses