Replies to post #20200 on VelocityShares Credit Suisse 3X Long Crude ETN (UWTIF)

[CashFreeze]

Bottom will hit right after carnage of interest rate announcement. Once that settles, however long it takes. I'll probably buy back in. I'm then expecting the dollar to fall back a bit after it blows even higher on announcement. But those 2 things are pretty much pounding oil, plus demand is less right now. I see nothing but carnage for oil bulls in the next few weeks. I used to be one.

[toomuchmoney]

this is perhaps the move we are waiting for, we must build the base, it's all about the base...

loaded 50% now $6.95, will load the other 1/2 position should we drop or not, either way we rise! in time