Replies to post #25313 on VelocityShares Credit Suisse 3X Long Crude ETN (UWTIF)

[balamidas]

looll my reputation precedes me haha

BBRD is awaiting some Divy news ;)

could get interesting

[balamidas]

as a matter of fact lately i am following UWTI to trade SGY

there is much more % to make on it than UWTI because it is a heavily shorted one


it moves with OIL but on the smallest bounce it recovers faster


and yesterday it went down 15 % to a lower floor


http://stockcharts.com/h-sc/ui?s=sgy

it bounces fast