Velocityshares 3X Long Natural Gas ETN (UGAZ)

[Gls3ms]

I jumped in at 11.11 and am almost at 100% increase. I knew I should have loaded more but i thought it would hang around down there longer. Oh well. I’m watching for the potential autumn run. I’m in the industry and lots of gas rigs are laying down until first quarter budgets are confirmed. Same thing with oil rigs which have natty gas as a by-product on initial production. Long story short we should have a a noticeable (though not major) decrease in gas production for the next six months. Couple that with all the power plants swapping from coal to gas turbines, potiential Aric blasts, NGL shipments, and I’m hoping the futures are increased for the first of the year. If not I’ll have to settle for 150-200%. GLTY

:) :) :)