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Re: Shortrc post# 484

Tuesday, 02/03/2015 12:41:00 PM

Tuesday, February 03, 2015 12:41:00 PM

Post# of 5880
I have been long oil long term since about 55$ a barrel and have cost averaged down. Short term I think oil will go lower from here so I have purchased UCO puts today. I may be wrong and it wont be the first time but I think the bottom is going to take a little longer to form.