Replies to post #19565 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[ybnormal]

If we get a continuation of the cold forecast on Monday, Natty could easily jump 10% in a day, and we know what that'll do to UGAZ. I don't have any numbers and this is just my opinion, but I believe shorts piled on the past few days..the smart ones anyway. When they get a confirmation of a bull turn and head for the exits, UGAZ will be nuts.