Replies to post #29450 on VelocityShares Credit Suisse 3X Long Crude ETN (UWTIF)

[kamakiri]

I should have left the full quote in there:

My personal option is oil won't get past $32. You can quote me on that

Two parts to what I'm saying is zero logic:

1) UWTI is tied to the April contract, and that's *already* hit over $33 today. $32.9X as I type.

2) Saying 'you can quote me on that' doesn't do much to reinforce your position, right or wrong...especially because it's already wrong, IMO.