Replies to post #3860 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[dragon_warrior]

NG has to turn around somewhere (at least in the short term)
This is a good sign.

While ETF's aren't a great long term investment, i'd think you need to consider how long you're planning to hold.

Ask yourself this question - do you believe gas will be at 5$ again?
ETF erosion or not, ugaz is bound to bounce some when that happens