Replies to post #1006 on VelocityShares 3x Inverse Crude Oil ETN (DWT)

[keepsinvesting]

Hope u know oil broke out of a triangle its been in for two weeks

[keepsinvesting]

Got in dwti yesterday 98.44 just to get out today at 99.77... Some gain... Lol

[Black sunshine]

This is a bear market short covering rally. May run to $50-55 in my opinion. After that, probably collapse again. I wouldn't be surprised to see $20 within 3-6 months driven by the start of a global recession

[Derek ops]

yep Good Luck to us tomorrow. I will be waiting for the report to be released. Hopefully it will be the details we are looking for. if not oil may rocket higher tmrw and it could be a very bad day for us.