Replies to post #40624 on VelocityShares Credit Suisse 3X Long Crude ETN (UWTIF)

[RZB]

This is definitely some interesting reading,,
http://www.etf.com/sections/features-and-news/why-credit-suisse-closing-its-popular-oil-etns

[longymickshort]

Looks like UWTI will close out on a big rebound the Saudis and Russians will deal! This is just how they play the game in negotiations watch for the big flip flop next week. I'm in for another UWTI trade liking this setup bummer this is shutting down.