Velocityshares 3X Long Natural Gas ETN (UGAZ)

[Jld3294]

Hey John good to see you on this board. Are you looking for a quick trade or an investment? If your long term bullish on Nat Gas at this price then consider UNG. If your just looking for the bounce (like your USLV pick) then UGAZ might be for you. I've watched this stock and board for awhile and this year Nat gas isn't really trading like most years.

IMO as soon as Wall Street decides there's a concern on production because the rigs are being shut down NG will be moving back $3.50+. But right now for some reason everyone on Wall Street thinks the production is going to continue to increase-even at these lower prices.