Replies to post #14573 on VelocityShares Credit Suisse 3X Long Crude ETN (UWTIF)

[Ryantacular]

Haha yeah you did. I saw that Tuesday thanks. Post 14462.

Just pointing things out based on history. Yeah him or anyone can get lucky predicting a bottom, but not worth losing money at the speed you will with a 3X ETN if you guess wrong, risk:reward factor just isn't there for me right now.

Would rather wait for confirmation, make a little less than the guy who correctly guessed the bottom, than to be on the short end of the stick and lose as much as the guy who guessed wrong.