Replies to post #9794 on VelocityShares Credit Suisse 3X Long Crude ETN (UWTIF)

[LastHand]

No, gonna have to disagree... When WTI gaps up when we flip to July next week, just as it did last month, UWTI will not go up 1.35. There won't be any move in UWTI based on flipping to July contract.

Good news, we'll know for sure real soon.

BTW, was very tempted to go in on DWTI just before extended hours closed, thinking there will be some blood before morning.... but wimped out, too risky. Probably play it in premarket.

GLTA!

[Ownwallstreet]

Uwti testing 5.00 this week in my opinion.