Replies to post #1139 on VelocityShares Credit Suisse 3X Long Crude ETN (UWTIF)

[dude iligence]

Crudes at $45 when you buy uwti at 2.65,then crude drops to 40 it will be down another 10%. Uwti will be down 30% about. 75 plus bleed, putting it at aorox $1.8~1.90. 10k shares will go from $26k to $19k. I say sit on your hands or join the shorts at dwti.

Take a look at the $usd it going parabolic helping to drive crude priced in dollars lower started last summer