Replies to post #26907 on VelocityShares Credit Suisse 3X Long Crude ETN (UWTIF)

[Gcasa]

That's what I'm thinking! Oil can't be free lol

[legalizeMJ]

1/31 GOOD news:Saudi will cooperate on oil output

http://www.cnbc.com/2016/01/31/saudi-arabia-will-cooperate-on-oil-output-didnt-propose-production-cut-says-arabiya.html

Saudi Arabia wants to cooperate with other oil producers to support the oil market, Saudi-owned Al Arabiya television reported on Sunday, quoting an unnamed Saudi source.

Saudi Arabia's stock market rose sharply in early trade on Sunday, led by petrochemical companies

The above is GOOD news, Oil prices continue going UP higher.

$$$$$$ UWTI= STRONG BUY $$$$$$$$$$$$$