Velocityshares 3X Inverse Natural Gas Etn (DGAZ)

[tmorr55]

dollar, spot is at 2.89 currently, but the futures contracts are all above where NG is trading currently, so as CC just pointed out, NG moves with these contracts, which helps explain what we're seeing. It is befuddling to try to figure out what will impact the price from week to week. Seems the Big $$$ is loading up for what they anticipate down the road mid winter already. So much for any shoulder season movement, so far. It'll be interesting to see where NG is a month or two from now. Wrinkles and researcher, two traders I respect, have a much more optimistic short term view of NG than I do. We'll see how things play out.