Replies to post #26595 on VelocityShares Credit Suisse 3X Long Crude ETN (UWTIF)

[Peasodos]

I'm expecting at least a $2 move to the upside. I don't expect the rally to last more than 1-1.5 weeks tops due to the fundamentals. Crude looks like it's coiled and ready to spring up again. A technical breakout to the upside will spark some more short covering. We'll see...

[bikaver]

DWTI will not bounce until it hits the 150-175 level imo. I will sell my position in UWTI when DWTI dips below 175. Just a matter of days now. jmo