Friday, September 23, 2011

Exit SCO...Get Long Oil Via UCO

Add to Technorati Favorites Subscribe in a reader Delicious Bookmark this on Delicious

Time to exit the short position in WTI Oil. Yesterday ITZ suggested entering Proshares Ultra Short Crude Oil (SCO) @ $57.30...sell around $64 for a +11.7% return in 2 days. Lets get long Proshares Ultra Crude Oil (UCO) @ $28.

No comments: