Replies to post #11792 on Velocityshares 3X Inverse Natural Gas Etn (DGAZ)

[tmorr55]

Who knows...according to Celsius they are expecting an exceptionally bullish draw, so this action today is confusing, to say the least. Plus, all the buzz lately has been bullish as well, with all of the nuclear plants closing which will boost NG usage through the shoulder season, etc. It will be interesting to see how NG does overnight and prior to the draw. Never a dull moment with this commodity, as we all know. No daily commentary on Celsius today for some reason, so no help understanding todays action from them.

[C C]

this probably has nothing to do with the rise in ng prices
they predicted El Nino for this winter and it didn't come about
who knows 4 sure this year
a hot summer and cold winter....by time winter gets here too late to get into ng on the low

“Cold Man Winter did seem to be on vacation last year thanks to a very strong El Niño, but this year he’s back.” – Editor Peter Geiger, Philom

cc