VelocityShares Credit Suisse 3X Long Crude ETN (UWTIF)

[Quantum X]

Sure it "might" ...

And it might not ....

An event will happen which will change the current course of oil and it will go up as fast as it went down ...

Will the event happen next week, or next month, or the end of March? who's to say ...

I don't really care what all the talking heads say they don't no the future anymore than anyone else ..

"Maybe" I don't know the future either, but I do know charts ...

By the looks of it crude may already be making it "first" bounce ...

The bottom is near if not already here ...

I am hoping it goes a little lower. I still have some dry powder waiting for this, but I'm not going to count on it ...

Not betting the farm till I know for sure but I do have the barn up for sale ...

11:11