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Re: researcher59 post# 10056

Monday, 10/26/2015 9:31:18 AM

Monday, October 26, 2015 9:31:18 AM

Post# of 25303
UGAZ is in Dec contracts. This ETN rolls out 20% at a time starting on the 5th of the month so Oct. 5th 20% rolled to Dec, then the 6th 20%, 7th 20%, 8th 20% and 9th 20%. 100% in Dec as of Oct. 9th. This info is in the prospectus.

I took this to heart http://www.usatoday.com/story/weather/2015/08/19/old-farmers-almanac-winter-weather-prediction/31997189/

But 2 months later;
Still running AC in N.E. Florida, thanks El Nino, you prick!!!

a friend in the electricity business was expecting NG bottom at 2.30... wrong, but to his defense his job is focused more on long term and long term he expects NG to stay cheap with producers more than happy and capable of supplying more NG if needed.

another friend in the NG business in Texas said his company expects a warm winter and the company reduced production months ago.

Like many I made several purchases chasing the bottom but believe we are very unlikely to recover let alone profit:(