Replies to post #4030 on Velocityshares 3X Inverse Natural Gas Etn (DGAZ)

[C C]

look @ the one day chart
has to chew tru a lot to get to 2.05
may take some time if it ever gets there

look at the chart
there is a reason it stopped at 2.10
it's in the chart
u dont' need any indicators to see it
all indicators do is tell you where it has been not were it is going
or where it may turn
that is why they are wrong most of the time


if U breaks tru 2.17 - 2.16 it could fall hard
they may dump it


cc

[tmorr55]

Yeah, I happened to be watching that too, MJ. Over 18.50 on the bid at one point. Then NG went from -.04 to +.01 in a little over 1/2 hr or so. Took D down into the low 17s, crazy. Is that kind of pre mkt action pretty rare for NG. I know it's very active between 7-8 est, but that was ridiculous.