Replies to post #13986 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[acrazjo]

Of course they can't manipulate UGAZ as it is an ETN and can't be moved up or down by any force except NG. MM's would love to mess with UGAZ but have no way to do so. That is what is pretty cool about ETN triple plays. Follow NG, that can be manipulated but not by MM's. Just sayin!

[C C]

We hit support yet
With weather we been having....storage needs to have big draw first...then up we go...need good cold snap...about 2 weeks we could see upper Florida with -5 degrees...North and North East area could be in -25 degree weather...could Last week or two...could be cold snap coming they say
...shall see


cc