Replies to post #11947 on VelocityShares Credit Suisse 3X Long Crude ETN (UWTIF)

[trdwatch]

Even though I'm looking for a lower price and a gap to get filled, there's a good point in the question.

Either way, I think that's a positive for oil in that we're seeing some stabilization. I see a few undercutting the market here with higher production won't have as big of an overall effect on price. Like RB said, it hasn't yet.