Velocityshares 3X Long Natural Gas ETN (UGAZ)

[dude iligence]

cha-ching you still don't get it. And you will miss the Its Gonna Be A Long Hot Winter Rally talking about your imaginary DUC rigs


dude iligence Friday, 06/10/16 01:28:35 AM
Re: cha-ching post# 15556
Post #
15574
of 15814 Go
cha ching you just don't get it, Who cares what the weather is? Its the anticipation of what the weather is going to be. Its like a little kid anticipating what he will get for Christmas. Then when it comes and he rips open all the presents the excitement is over and back to normal. Everyone is getting all worked up that its going to be real hot this summer. The late to the party crowd hasn't arrived yet. They are just starting to look at NG. One of them came to the board today asking what is NG. Maybe next week he will buy some UGAZ. UGAZ will look better when its in the $40s and look really good at $50. Just watch the volume spikes when the top comes.
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Oh look UGAZ hit a hi gh of $50.18 at the end of June just before the Hot weather arrived.