Replies to post #17082 on Velocityshares 3X Inverse Natural Gas Etn (DGAZ)

[Marketwise]

I really don't know where or when bottom will hit this cold season but (1) I will wait patiently for what I believe to be the "buy zone" and (2) I think traders take NG down at least a little further, setting things up for that anticipated early in the year rally...Meantime, either short side or sidelines likely for me. I sold UGAZ pre market this am for a nice little gain that I bought late last week. Picked up a moderate position in D late today...Shall see...Traders still seem to be focused on the over supply side of the dynamic right now - and understandably so, I guess - all major things considered...