Replies to post #20189 on VelocityShares Credit Suisse 3X Long Crude ETN (UWTIF)

[toomuchmoney]

ty got that, snakes and ladders, I like it

;O)

[toomuchmoney]

thing is, dead cat bounce usually refers to a stock that is pretty much done, toast finito, not the care here, OIL is neither, hence, my billion dollar kitty comment,

we have an amazing time for people to become very wealthy(er) buy buying down here and this area in general

[CashFreeze]

The chart to me looks downward channel with peaks sprinkled in there. I don't think it's hit bottom yet. Still think oil will hit $30ish