Subscribe in a reader ITZ exited $SCO on pending U.S. military action against Syria see comments
It now appears that the president's efforts to get congressional support is waning, with Sen. McCain not willing to support the senate resolution and even our top general not supporting a strike. READ
ITZ is re-entering the Proshares UltraShort Crude Oil ETF (SCO) at $27.80 with a 1/4 position and will add over the coming days.
ITZ for several weeks has noted on Twitter & this blog, the Commitment of Traders chart and that crude was poised for a substantial decline. Last night Jim Cramer on CNBC MadMoney repeated exactly what ITZ has been banging the table on oil and gold.
