Replies to post #13213 on VelocityShares Credit Suisse 3X Long Crude ETN (UWTIF)

[wewantutopia]

Coming up to an awesome entry point soon. Fell WAY to hard WAY to fast. Too many days of 10-15% losses in a row. Be smart and get ready to sell those $113s at a break even or small gain soon.

[mattp_160]

for the time being, yes. If you think it's toast for good you're a fool. This will bounce back to 60 just as fast as it fell. I hold no positions yet, still waiting for it to dip and level out for a bit.