Replies to post #22126 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[kei]

thank you for the trading idea - i will get some DGAZ in February or March - til then, i will focus on my UGAZ trades.

[No-Quarter]

Wow! After reading these two posts, and taking time to think about them, I feel enlightened. Like I just learned a secret from insiders.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=151664016

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=151665325

This explains a lot for me about the mysterious movements of UGAZ/DGAZ.

Thank you for taking the time to write this in a way I easily understood.

[dude iligence]

Ng up .05ish tonight run ng u till the contract rolls Nov to dec then play the contango bleed with dgaz the following week then two weeks it will be ready for colder wx with ugaz

[dude iligence]

NG (nov)$2.339 +.06+2.6% is at the 50ma Dec $2.529 +.03+1.24% UGAZ $14.22 +.50+3.7% Contango is .19 down from .24 on Monday Nov contract continues to climb faster than Dec by mid next week Contango could be much smaller. UGAZ holders are paying for the Contango as the spread gets smaller(Nov climbing faster than Dec). .24 Contango is about $4 in gains UGAZ won't see. Contango is like having to take a big dump but you can't for whatever the reason. NG is crapping out little Contango turds right now. Once the contract unwinds the big Contango dump will be done and UGAZ will be able to run hard again.