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VelocityShares 3x Long Natural Gas ETN Message Board

  • airheadmw airheadmw Aug 1, 2013 10:48 PM Flag

    UGAZ over view

    As I am reading all over the post to grab or I am entering UGAZ slowly or 25% entry already. My question to all NG traders, is why not wait to the bottom? IMO NG 3.286 range is a must, even lower. Just enough limited bottom to provide smart talks between purchasers and provider of energy for extended contracts. Weather is mild and custom weather charts keep warning for a small heat wave, each week the weather alarm points vanish. Now a smart NG trader who earns harsh returns, sits and waits. My account 125% UGAZ and 125% DGAZ long and 46% scalping. When your sitting at the helm and cash is simply collecting dust, this is the point you smile, waiting patiently, rem you account should have earn some returns. Rem 1.5 months ago DGAZ returns not one time to 8 ish range, but repeats the trend twice, some said hey Air you so full of pooh, you lol now? Read this again 8 ish entry DGAZ and 17 ish today, do the math... Rem here I am a long trader and do short some using different accounts, how many are still holding 8 ish DGAZ purchase today? Good Luck All!

    Sentiment: Hold

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