Velocityshares 3X Long Natural Gas ETN (UGAZ)

[Wrinkles]

Each day that goes by, I'm getting less and less excited about NG's possibilities for $4 this winter....outlook gets lower and lower and lower....still will do well and see it go way higher than where it is now, but not grandslam anymore....By the way, Jan contract is a dime higher, I mean if you take away past few months jump because of difference in contracts, NG would be WAAAAY lower, pathetic in reality. I just think it'll be very hard to see UGAZ over $15 by Feb, forget $20+, jmo... In any case, I'm going to start adding UGAZ and more SWN at NG $3.03's and lower, assuming that happens. I'm also going to be starting positions on UWT and OAS as Oil gets to $54.65/$54.15 area and add more and more lower if I can....Already started on PLUG, will add a little more lower if possible....

I am considering CHK, himing and hawing whether to play that in addition to the rest, OR drop something to fit in CHK....I'm just more familiar with how OAS/SWN trade, more of a comfort zone I guess, WTHDIK....Good luck to all.....