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Nat Gas pointing lower, towards 2,5xx levels - meaning DGAZ buy

AMEX:DGAZ   VELOCITYSHARES 3X INVERSE NATURAL GAS ETN LINKED TO THE S&P GSCI NATURAL GAS INDEX ER
Apologies for not posting much lately, I have been travelling around the globe trying to catch some sun.

We have DGAZ in portfolio right now, went in at around $25 level, and will hold until $30 where my sell orders are now. This should go in line with projections my friends here on TV share with me - and that is the NG1! is going to enter 2,5xx area, hopefully 2,580 after which we should see a rise to at least 3,1xx at the time we start preparing for the winter weather and the end of the injection season.

If $30 seems fair fetched, exiting at $28.5 still gives some decent returns in this market which has been acting strange last 6 months.

Keep an eye out on entering longs on Nat Gas after we enter 2,5xx level.

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