Replies to post #7584 on VelocityShares Credit Suisse 3X Long Crude ETN (UWTIF)

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I agree that's a possibility-- another person and myself discussed this issue a few months ago here. I tend to think there will be more volatility than less-- it's just how commodities trade, especially on such a contested issue as oilprice the past several months. The situation in Yemen and/or elsewhere would have to get a LOT worse for that "straight ride up with little volatility" that UWTI longs hope for....