Replies to post #6151 on VelocityShares 3x Inverse Crude Oil ETN (DWT)

[Wrinkles]

Oil looking like $52/$54 by Sept 20th....

[fitzwell11]

Thanks for the tip on OIH. Just closed out a DWT position I opened end of day Friday. Now rolling into some OIH, even if oil falls further it appears OIH should rally. It is trading near the same lows as when oil was in the $30s. Very odd