Velocityshares 3X Inverse Natural Gas Etn (DGAZ)

[ybnormal]

Protecting capital is important for sure. That being said...I've thought for awhile that NG was over priced due to supply. In my opinion, we're at the mercy of the weather. If we don't see any real hard freezes, NG will drift back down into the $2.80 range, and perhaps lower once pipeline constraints are dealt with in the Permian Basin. If UGAZ is going to recover, it has about a month and a half to do so. Once the twins start tracking April, UGAZ is done in terms of big moves IMO. Good luck to you..

Disclosure: Short UGAZ, short DGAZ