Home > Boards > US Listed > Oil/Gas/Natural Energy Production > VelocityShares 3x Inverse Crude Oil ETN (DWT)

I agree. Playing this the last 15 months

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
fitzwell11 Member Profile
 
Followed By 106
Posts 8,434
Boards Moderated 0
Alias Born 08/23/12
160x600 placeholder
fitzwell11   Monday, 04/22/19 10:48:42 AM
Re: nssrr5 post# 6349
Post # of 6382 
I agree. Playing this the last 15 months you realize that nothing has fundamentally changed with Iran, Venezuela, Libya, U.S. yet the news and trump have been enough to first justify $77 oil with analysts saying it was going to $100, then somehow 4 months after that, it was supposedly going to $30, now going back to $80. It’s just a constant pendulum and I’m on board for it. Iran sanctions, if even enforced, will be made up for by OPEC+ scaling back their recent cuts.

What will cause DWT to run is further news about the slowing global economy which cannot be avoided. Good luck

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist