Replies to post #946 on VelocityShares Credit Suisse 3X Long Crude ETN (UWTIF)

[Nebuchadnezzar]

the longer it continues to bounce in $47 range wit spring coming then summer, prices will rise.

anyone here really thinks oil will as summer approaches??? LOL

December-January are seasonally slow months for oil anyways.

$44.20 still looks like a bottom--but of course I may be wrong, chart looks like it is ready to move up slowly..much lower than it fell