Replies to post #4810 on VelocityShares Credit Suisse 3X Long Crude ETN (UWTIF)

[Posiden]

I loaded the boat last week, and if this keeps going lower, I will buy more. Shorts will not get my shares. eom

[THREE-DAY-TRADER]

Actually lowest recent level (for support) was around 43.50 area in late January on Crude Oil & not 45, so we need to break 43 to really see a 'falling knife' occur yet on UWTI------ FYI
{unless you were referring to this latest weeks's 45 needing to hold, the overall support really is 43.50 area going back to January}