VelocityShares Credit Suisse 3X Long Crude ETN (UWTIF)

[G3TCRUNK3R]

this is one of those things I'm new to and I've been paying close attention to from more knowledgeable guys here like you.

I get decay like YWC talks about and I am happy with my profits so far. since I bought in at like 1.60 I'm happy taking profits at $2. but the thing I need to know is.. how much longer can I give it to hit something big like 2.50? will a rollover come within 2 weeks that drops the price? I am not going to be greedy. I just want to hold as long as possible before being screwed by something I didn't see coming.

Basically, I have faith in oil to jump up over the next 2 months. can I afford to hold on over the course of 2 months? or do i need to actively play a dip and rip game with this?