Replies to post #19668 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[Derek ops]

im so shocked in this.. unreal
feel like someone came in and robbed my safe while I was sleeping. this makes no sense.

[CashFreeze]

Lol I’m in Michigan and it’s 15 degrees out. February type weather. Below average a good 10-12 degrees, and not changing

[acrazjo]

All the weather reports I have reviewed show normal to above avg colder winter is to be expected. This looks contrived and is a big shake out of weak hands. Shorts are driving this bus but not for long. Expecting a decent run up by middle of next week. Should be a fun run up!

[TheTrader72]

Eh just my opinion here but most those weather models a bunch of garbage anyway. BUT, a good indication of where this might trend. NG overall has been very bearish over last several months and doesn’t appear to be gaining momentum even with winter looming. Not a good overall look. Can only imagine what’s going to happen to it when spring starts to roll in.

[just me 814]

i agree, I think as cheap as NG is getting history will repeat it's self, & rig count drop due to them no longer being profitable. thus price ibcrease, though it may be shotr lived.
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