Velocityshares 3X Long Natural Gas ETN (UGAZ)

[tmorr55]

Question is, will there be any sizable run up before we hit the actual shoulder season! I'm thinking they will run it up some into the next couple of reports. It's been in the 90s out here in the LA area too, but it does cool down into the 60s at night so folks aren't running AC night and day. Anyway, unlike a few that feel NG gets back into the mid 3s by the end of Aug, I don't feel it gets close to that. Never a dull moment with this commodity. I guess I should consider myself lucky I haven't been in NG on the long side of late. If I had been able to, I would most certainly have been feeling some pain with this illogical price action.