Replies to post #10337 on VelocityShares Credit Suisse 3X Long Crude ETN (UWTIF)

[Nebuchadnezzar]

I will be happy with a close over $4.50

still holding my $1.80-$1.90's

why sell those anytime soon.

yes, DWTI will be the play in august unless Saudis decide to screw with everyone then.

one GIANT GAME

but hell, I didn't even know about these until late 2014 anyway so lucky us to be able to take advantage of oil volatility

also watching VXZ very closely as it continues to fall towards $11 which is getting rather low.

need at least 5% correction for this market just a bizzzzzzaro rally