VelocityShares Credit Suisse 3X Long Crude ETN (UWTIF)

[future1]

What you don't seem to understand is those trends make a lot of people a lot of money while waiting for news that simply becomes a multiplying factor. News trumps everything "at the moment" in any investment. Serious investors aren't just waiting for the moment but play those trends. Most investments are manipulated daily in a more significant pattern than even the news matters. That same news is changed again a few days later to manipulate again.
Remember the basic idea behind investing is it doesn't matter if things are going up or down as long as they are moving. In todays culture that refers more often to trends within a day instead of between days. That is where buy and sell signals from charts come in handy. They are points of support and resistance. They maximize profits for those that are good. Daily you can see the moves that reach support and resistance only to bounce off of them.
Your resistance to charts is as naive as my resistance to shorting on moral grounds. They are both poor investing strategies.
Invest as you will, everyone should do as they are comfortable. Just stop being such a tool about others strategies. I'm a small fish but have family members that are in the industry. Money problems left all of them a long time ago. That's why I'm willing and eager to learn.