UWTI

[dan_s]

For those of you that want to invest directly in crude oil AND you think we are very close to the bottom > check out UWTI.

VelocityShares 3x Long Crude Oil ETN (NYSE: UWTI)

It is a fund that is managed by Credit Suisse. It is highly leveraged to movement in West Texas Intermediate (WTI). Trading at $1.35 today, it should go to ~$30 if WTI moves back to $50/bbl.

Pull up a 2-year chart to see the potential upside. Check out the daily trading volume.

[par_putt]

Cant go to zero but can get very close very fast...

http://www.investopedia.com/articles/ma ... y-uwti.asp