VelocityShares 3x Inverse Crude Oil ETN (DWT)

[Swampdude]

Howdy Kam,

Thank you for that reply, it is appreciated to know you are interested in helping new guys.

The reason I am gun shy about asking questions is 2 fold, first I am fairly new to trading and don't want to wear out my welcome asking too many newbie questions, especially ones y'all usually answer as I read more of the postings or ones I can do a search on and find myself.

The second is I had a mod on one board put me on his ignore list just because I was "asking newbie questions", I only ask him about a 1/2 dozen over a couple of months before I noticed I was no longer seeing his posts unless I clicked on replies to other posts, so I lurk more than I chat.

It does help to hear your answer as I got in a bit early. I am in at 28.50 because oil was almost 49 and I thought that was the top, so now I just sit on my hands and wait to see if everyone is right that this is the turning point. It has been bouncing off 49 a lot and not pushed thru with momo so I hope I am safe.

Thank you again for your help,

SD