Velocityshares 3X Inverse Natural Gas Etn (DGAZ)

[researcher59]

NG is down from $4.65/mcf on Monday to $3.88 now, so we've had a very big 4 day correction. I decided to err on the side of caution and covered part of my short this morning and am tempted to cover some more .... after all, we still have a huge inventory deficit to the 5 yr avg and winter has not yet even begun ....

I still regret not being aggressive on the short side on Monday when the forecast was for very warm mid to late December weather.