Replies to post #2416 on VelocityShares Credit Suisse 3X Long Crude ETN (UWTIF)

[Spanky227]

Nice to trade UWTI knowing that 6,12,18 months from now it should be 10,15,20.

If rig count keeps plummeting it opens the possibility for a spike over $120.00 in oil in 12-18 months which would send UWTI into the $30's to possibly $50.00.

Trade and build your core this could be fun for a while.