Replies to post #7127 on Velocityshares 3X Inverse Natural Gas Etn (DGAZ)

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Closing of bell today...If the natural gas futures contract is hypatheically trading at 5.00 and trading at the Nov contract price
tomorrow it begins trading at the Dec futures contract price which hypothetically is say 5.35

tomorrow before the opening bell price for natural gas will be 5.35 and will probably come back down to to 5.00 by opening of pre-market ( 7:00am) or the time of opening bell at 8:30
it may or may not come back down

if some one here plays the futures market.....futures market trades 23 hours a day
they could buy a short position of natural gas ( at 5.35) in morning before bell opens and make .30 off ng coming back down to 5.00
it could also work the other way around if before trading begins

ng futures trades at differant price than DGAZ or UGAZ

6 was the time DGAZ price was recorded


cc