Replies to post #31616 on VelocityShares Credit Suisse 3X Long Crude ETN (UWTIF)

[kamakiri]

UWTI roll is the same.See the Dr contango sticky for the prospectus link if you wanna.

If April goes high enough, I think a re-test might be as high as $34 or $35.

I think you're right about the roll period, but I think the covering can be sustained...IF..big if, the shorts entered for May go upside down enough to get sustained covering across the strip.