Replies to post #702 on Velocityshares 3X Inverse Natural Gas Etn (DGAZ)

[Rock_nj]

Let's see what happens. So far, the nat gas market is looking beyond next week's warmup. Now, another arctic blast is starting to show up in medium range forecasts for the 2nd half of December. That may be why nat gas is up this morning, as well as the fact that the draw season starts tomorrow.

I think DGAZ is going to provide a great buy opp at some point this winter, but for now the odds for making money are more favorable with UGAZ. What we could really use is a good spike in nat gas this winter to provide a good return on UGAZ and to give us a low point to buy DGAZ. As we now know, the U.S. can replenish depleted nat gas supplies, so DGAZ should be a winner if held into the summer or fall of 2015.

[IamtheWalrus]

Hey HHHG,

As I have noted before, gaps always fill on indices, most often in the near term. If you look at all the news related to Natural Gas and the Weather it is "obvious" a reversal will begin in the near term. Most specifically in the coming days as this system that was a result of the typhoon in east Asia recently will have passed. From what I have been reading, it is going to be a mild winter, and nothing like last year, coupled with plenty of storage, all analysts say there will be plenty left over at the end of winter. Either way, you are free to trade whatever your risk tolerance can take. Expect a lot of see sawing in the next few weeks. At this time, I have my money in metal etf's.