Thursday, May 31, 2012

Add To Proshares UCO

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ITZ suggests adding another 1/4 position into the Proshares Ultra Crude Oil (UCO) ETF here at $29.25, bring the position to 3/4. We'll see how markets react tomorrow on the BLS Jobs Report. ITZ has been looking to add at $28, we'll perhaps see that tomorrow and make a decision as to add remaining quarter position then.

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