Replies to post #647 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[dude iligence]

MJ moneymaker be careful with the 3x Steroid Munching Monsters you get on the wrong side of them and they will eat your arms and legs off. The worst of the worst are any of the Dixerion funds total diluted POS s. I bought NUGT this morning at $10.90's but it was $19 only 2 days ago and most likely will never see it again until the next rs which will be sooner than later. UGAZ $12.40's has bled a lot in the last month a well. NG is about $3.9, a month ago when NG was $3.9 UGAZ was $14.5. Call it decay, rot, contango I'll just call it dilution with some smoke n mirrors to cover it up. With cold wx coming UGAZ usually performs very well in the winter. Buy it and hold it into Jan-Feb or flip it or combinations of both.

[Rock_nj]

When the winter cold is peaking in the mid to late winter, DGAZ is a good 3X ETF for playing nat gas on the short side. For now, UGAZ is the play. Looking for at least 10 points on this by February.