NYX is a buy. A good hedge to current market conditions is now buy DUG as oils and natural gas topped out hitting above 101's with the crude so buy the DUG as it shorts them both is the appropriate action.
The QID'ers should also check DUG as a better play as Nasdaq already dropped considerably to keep the QID. DUG has a big fresh new run ahead of it especially with Boone Pickens announced today he is shorting both the oils and natural gas. Do your own DD foremost.