Wednesday, July 20, 2011

New Positions: Proshares UltraCrude Oil (UCO) & iShares Silver (SLV)

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Let's take a 1/2 position in Proshares Ultra Crude Oil (UCO) @ $44.50 set stop @ 42.00. Watching EIA report later may add to position. UCO is flirting with 50ma CHART FUTURES CHART

Also entering iShares Silver (SLV) $37.25 stop $37  taking 1/2 position

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