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Short Sell Of Natural Gas

Based on calculation of my short term model got the signal for short selling of natural gas.

4.405 is the price on Jan 2015 futures (NASDAQ:CME)

Today expired the December contract and halt price was 4.286 per 10,000 million British thermal units (mmBtu).

The price of DGAZ(VelocityShares 3X Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index ) on the initiation of the trade is 2.87 usd per share.

And I open long DGAZ 50% of portfolio tracked with.

Weather forecast:

Interesting stats about drilling.

Disclosure: The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Additional disclosure: Will use derivatives for personal account.