Replies to post #15909 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[Rock_nj]

Thanks for the heads up about the contract roll. I would only get in UGAZ on a significant dip after the roll. The thing that many traders on the short side are not realizing is that if the winter turns out to be average cold, as expected, then by the end of the draw season, storage is going to be quite low. That and the rising demand for nat gas creates a bullish case.