Replies to post #10359 on VelocityShares Credit Suisse 3X Long Crude ETN (UWTIF)

[Tan_Gent]

On a stock chart absolutely. On a 3x leveraged etn tracking a volatile commodity, not so much. Short term recent gaps sure, gaps 6-9 months old likely not getting covered. Wti crude will eventually get back up there, Uwti wont. Did you see anything wrong with my math, or can you show mathematically how Uwti will get back to $9 or $12, this summer?