Replies to post #11838 on Velocityshares 3X Inverse Natural Gas Etn (DGAZ)

[tmorr55]

wz posted an interesting strategy on the UGAZ board about the may contract trickling down to the april contact price which is currently around 3.15 and then taking a long position when the gap gets filled, possibly on Monday, he said. I am expecting a gap down Monday, as well. You're right freeze...full on bull atm with not signs of letting up so far.

[surehands]

I agree Cash. I think NG runs until Friday. Then Down on Monday/Tuesday. UGAZ will come down ~1.50 to 2.25 from High!

Im okay with it since IM in UGAZ. Trying to time this contango is a bear!

[tmorr55]

Mkt smelling the pullback already, it appears. The report and affect on price will be interesting. Those upper 19s sure looked juicy, that's all I gotta say. Don't think we'll be seeing those again this week unless the report comes in more bullish than expected. I'll grab anything around 20 for a quick flip on Monday. Hope they come back around!