Velocityshares 3X Inverse Natural Gas Etn (DGAZ)

[wz9ytp]

I hope so but I don't think so. I think it'll ba a slow steady rise to $5 with drops here and there. Tomorrow's weather will dictate.

I was having a discussion with a weatherman and a NatGas trader earlier. All three disagreed. Which shows how uncertain the market (and the weather is) right now. But in a couple of weeks DGAZ (and UGAZ) will be trading April contracts.

Soo.... bottom line as far as I'm concerned, bias is down, with ups and downs for a couple if weeks....

Jan estimated HDD (heating degree days) 755, so far 340 and next week should be lowest since 1960 (155) (according to EIA). Gonna be crazy warm next 10 days....

But things change in the NatGas world. Not called widow maker for nothing!