Velocityshares 3X Long Natural Gas ETN (UGAZ)

[medic11]

Hold these ETNs? For that long? What about the decay? Do you really think UGAZ will go up that much in the winter that some of us will regain our losses. I mean I understand natural gas the commodity will go up considerably in the winter, but that does not mean UGAZ will do the same. I sold my UGAZ last week for a small loss. I didn't want to hold it longterm. I jumped into DGAZ Friday and made some money. But I won't hold that DGAZ very long, even though I know the price of natural gas is going down soon. These ETNs are not longterm plays.