Replies to post #6702 on Velocityshares 3X Inverse Natural Gas Etn (DGAZ)

[dude iligence]

have you considered your simply on the wrong side of the NG trade and its only going to get worse when NG falls below last yr storage then worse still when NG falls below the 5yr average

[C C]

u have to swing trade it without relying on EIA reports
they are pure BS
they say what they want them to say

trade it



cc

[pelicaninnc]

EIA could just come back and readjust the numbers at a later date. Traded NG through the polar vortex few years ago the numbers made little sense both estimates and actual. At this point sure looks like they want the price of NG up probably because the industry has consolidated. Similar to depressing the price when the small producers were being put out of business.