Replies to post #40572 on VelocityShares Credit Suisse 3X Long Crude ETN (UWTIF)

[pleeb01]

Ha! Probably more like $10 a barrel higher! Yes great reports today.

[Peasodos]

It's headed in that direction. Once this OPEC deal fails WTI will easily drop below $40. I do think by January last years low will get hit, maybe sooner than that. Who knows how long this oil price/Market share War can go on, maybe Allah, lol