Replies to post #12311 on VelocityShares Credit Suisse 3X Long Crude ETN (UWTIF)

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I will eventually have to abandon the long term trading philosophy, as its pretty evident the decay in our fav UWTI is real. About 5 weeks ago we were at the same WTI price as now, but UWTI is around 8 percent lower than its price just 5 weeks ago..