Replies to post #6267 on VelocityShares 3x Inverse Crude Oil ETN (DWT)

[benfrankledger]

Haha not hard to get sucked in! I think oil found its top and bulls and bears are fighting it out. Shown in part by volume surging. I doubled my $DWT position Friday after it broke $12 and pulled back. I think this is the tipping point or close too. I too think low to mid $50s in play before going higher.