Those are in UGAZ. I think it will be kicking next week.
Weather data is in. Northeast states will hit one of coldest winters in years. Weather forecast report is saying that NY and its neighbor states may be see below 35 degree (H) and 20 degree (L) for 8 days Jan 29 to Feb 5.
Duy took my advice and went to Investingdotcom and got the new weather report. Too funny!
Now, the person who knew absolutely nothing about NG, is catching on to the information that I gave out freely long ago. Now he's starting to get a clue, and trying to act like an expert.
What a desperate, pathetic little man.
He needs attention SOOOO badly.
It's unseasonably warm in the northeast now though, and will stay that way for at least a week....maybe longer. Hard to predict weather far in advance.
However, because of all the press about the cold snap out west, we may get a knee jerk move to the upside. We'll know more in the morning.
Meanwhile, better to short DGAZ or KOLD rather than go long UGAZ, because of decay.
too hard to predict that far out. Right now NG is selling at a .10 cent premium to what it should be, thats why I think its going to drop next week. I guess we will see. If UGAZ gets to 18 though, I will buy it.