Tuesday, February 15, 2011

~UCO Hits Stop~

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Proshares Ultra Crude Oil (UCO hit the suggested $10.50 STOP today, exited position with a -4.5% loss. Oil supplies rise in survey on Cushing Pipeline read >>  WTI in process of testing $80 level as discussed in previous posts. ITZ STOCK CHARTZ may re-enter UCO in coming weeks if conditions warrant...remains on the radar.
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