On May 7th, 2012 ITZ noted that WTI Crude Oil was most likely going to head lower and test the $90 level. ..LINK
ITZ suggested a 1/4 position in Proshares Ultra Crude Oil ETF (UCO) on May 9th @ $36.70
Let's enter another 1/4 position here @ $32
This is the 3rd consecutive year where crude oil has sold off in the month of May.
click on chart to expand image
click charts to expand images