Itz Pix was stopped out of its position in Proshares Ultra DJ-AIG Crude Oil (UCO) @ $54 having entered March 18th @ $51.50 for a $2.50 or a 4.85% profit. Itz mentioned in this weekends report that WTI was getting toppy & suggested to raise the stop to $55. Positive news from the middle east that should see oil flow easily along with a stronger U.S. dollar has the oil market selling off. Stayed tuned, ITZ may suggest shorting oil via $SCO.
Showing posts with label sco uco oil. Show all posts
Showing posts with label sco uco oil. Show all posts
Monday, March 28, 2011
UCO Exits Itz Pix
Itz Pix was stopped out of its position in Proshares Ultra DJ-AIG Crude Oil (UCO) @ $54 having entered March 18th @ $51.50 for a $2.50 or a 4.85% profit. Itz mentioned in this weekends report that WTI was getting toppy & suggested to raise the stop to $55. Positive news from the middle east that should see oil flow easily along with a stronger U.S. dollar has the oil market selling off. Stayed tuned, ITZ may suggest shorting oil via $SCO.
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