Replies to post #13344 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[dude iligence]

yes extremely low, perhaps they are looking to blow that number away with a big withdrawl

[FreezeThese]

It's pretty square in my opinion. This has been the coldest week of the winter in Tampa, can't imagine what y'all are seeing up north, there are certainly bigger draws coming, but every time a spell comes in there's a quarter of the country in shorts. This is the first week the whole country has really been engulfed in frigid air.

I'm of the notion we have five to seven triple draws left, two maybe three 150+, by early to mid Feb the optimism of winter comes to an abrupt halt and we begin to discuss builds in Match. The run will end as quickly as it started, many bags to be created.