Replies to post #1325 on VelocityShares 3x Inverse Crude Oil ETN (DWT)

[MJ moneymaker]

The April WTI contact is trading around $35. If that retests the lows in the $26's that's a 25% drop for oil and a ~75% gain for DWTI.

DWTI UWTI roll into April starting Monday after next. So a 75% gain from here puts us at.....

Roughly $440.

Could easily make new highs on this monster.