HNU and its 5 year trendHNU play is almost over for the season. This Thursdays report is probably its last kick at the can for anything substaintial. If you look at the 5 year trend.......regardless of the price of NG......there has been a significant decline begining Jan for HNU. It tapers to about March, then the spring rush comes in. Besides the daytrades for HNU / HND - HND/DGAZ is a great build from this point - for a hold to the end of Feb, begininng of March. 50% gains should not be that shocking.....as nat gas has an estimated price avg for $3.74 for 2014. This trend has happened every year for the last 5 years.
Even with this extreme cold, there has been no fundamental change to NG as a commodity to anticipate this trend wouldn't continue.
GLTA - I have begun my build!!! - I will be going for the buy and 1-2 month hold from hereonin.