Monday, November 1, 2010

ProShares UltraShort Crude Oil SCO

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Back into Proshares Ultra Short Crude Oil etf (SCO) this morning @ $12.20. This is a 1/2 position after having been stopped out of the 1/2 position back on Oct 22nd @ $13. link
Recap: Entered first 1/2 position Oct 12th @ $12.70; 2nd 1/2 position Oct 19th @ $13.00 which was stopped out @ $13.00 on Oct 22nd; re-entered 2nd 1/2 position Nov 1st @ $12.20.Set Stop @ $11 for entire position~ Average cost basis $12.45

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