VelocityShares Credit Suisse 3X Long Crude ETN (UWTIF)

[kabanch]

This is from the EIA site. UGAZ is almost at the 52 week low witch was $1.74 I think it's a good time to take a position. This should rebound to $2.50+ in a short while.


Consumption of natural gas is seasonal, with consumption patterns among end-use sectors highly driven by weather. Total natural gas consumption peaks during the winter, when cold weather increases demand for natural gas heating. A second, smaller peak occurs during the summer, when electricity generation using natural gas increases to serve summer air-conditioning load.