Replies to post #356 on VelocityShares Credit Suisse 3X Long Crude ETN (UWTIF)

[barcoded]

I agree, but I don't think now is the time to be buying, down 15% yesterday, 10%+ today, things are way too ugly right now. IMHO

[Quantum X]

Or the "GLUT" if the case may be ...

Things can change in a hurry ...

Going long for the year from here as well ...

11:11

[dude iligence]

hunterj20 Crude is at $47 blew thru your $48 support level. There is no fear in the Crude short DWTI blew thru $160 now $163 headed for $200. UWTI $3.37 headed for $2's. Saudis have the foot on the Gas producing Iraq is putting the foot down increasing production. They will hold it hammer down until ND Boom goes bust.

[straitneom]

To add you meant? Buy the FEAR!