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Replies to post #1130 on VelocityShares Credit Suisse 3X Long Crude ETN (UWTIF)

Replies to #1130 on VelocityShares Credit Suisse 3X Long Crude ETN (UWTIF)

Motba

01/25/15 8:25 PM

#1131 RE: ottoman #1130

Point is, SAUDI's oil would still be profitable at that range... Yes, crazy!!!

Ace of Spades

01/25/15 9:37 PM

#1133 RE: ottoman #1130

In 2009 on the monthly chart, when oil hot the bottom the RSI DIDN'T even hit 30...now we are under 30...it's more over sold now than 2009. Look at this chart.