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Bullboard - Stock Discussion Forum VelocityShares 3X Long Crude ETN linked to the S&P GSCI Crude Oil Index Excess Return UWTIF

OTCPK:UWTIF - Post Discussion

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Post by cyclewatch on Feb 29, 2016 10:45pm

+34.543 % net so far on UWTI in a short time....

I always laugh when I hear people repeat the issues they have holding these ETF type securities longer term.

Any guesses at what price this 3x will be with $50 oil?  That's not an if, it's a when folks.

You don't need to trade these triple and double index stocks hard, you just need to trade them at the right cycle.
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