UWTI

[dan_s]

UWTI is an ETF that is 3X leveraged to the move in West Texas Intermediate. I have no idea how it really works, but the share price has double since I mentioned it here a couple of weeks ago. One of our members tells me that if WTI goes to $60/bbl, UTWI should go to $100.

Direxion Daily Nat Gas Rltd Bull 3X ETF (Symbol: GASL) is the same thing for natural gas.

These are not for the "faint of heart", but if you believe oil and gas prices are going to go up they are something you may want to look at.

Pull up a 5-year chart for each of them and I think you will say "WOW".

[Chena47]

It is my understanding that UWTI is going to do a 10 for 1 reverse split after the close on Friday.

[par_putt]

Be careful this is a tool for Day Traders..
If you must, start slow until you understand how it works.

UGAZ is for gas and DWTI and DGAZ are the short's version of ETN's