VelocityShares Credit Suisse 3X Long Crude ETN (UWTIF)

[PrecisionTrade$]

UWTI - Well said. Yes we agree the daily minute charts might give the trader a good idea as to where the ETN might move THAT DAY, aside from news and Forex as well as other world affairs. Like I said this is not our first rodeo with oil/gold/silver/soybeans/platinum/wheat/copper/cocoa/coffee Etc. Basically what we are saying is that there are too many factors involved in commodity trading that are NOT involved in standard corporate stocks, thats all.News could come overnight that could blast oil upward or crash it. Thats it. We are currently sitting on UWTI @ 1.84. Decent amount of shares. Will avg up if needed. No charts played a roll in our purchase. Everybody has their own gameplan, what works for some might not work for others. Didnt mean to offend. GL

BTW shout out to Clay, total respect. Great at what you do. Just not believing the UWTI thing. lol