Replies to post #1140 on VelocityShares Credit Suisse 3X Long Crude ETN (UWTIF)

[keyotee]

Got that right, it will be below $2.00.

[lambchops]

Thanks. Interesting point of view predicated on a stronger USD. Not sure I agree, but really appreciate your analysis/comments. Yes, I am using DWTI as a straddle position. All this volatility is making me some nice $. But when the market reverses, UWTI will soar!! Taking a partial position now for protection/speculation is what I think is warranted.

Past experiences yell out there will be some event that reverses the chart---soon!