United States Oil Fund (USO): Yeah, I have noticed its volatility as o...

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Re: BorisB post# 1208

Thursday, 10/29/2015 8:15:05 PM

Thursday, October 29, 2015 8:15:05 PM

Yeah, I have noticed its volatility as of recent. The collapse in price to push American fracking into the ground has definitely made its impact as shown here w/USO pps. But, oil is not going anywhere anytime soon but back up. IMO this looks like a good entry point but I'm a little nervous if there is any dirty/skeletons lying around that I should be aware of...? Any additional information would be greatly appreciated. I'd be willing to hold long term if price points are there.

My post is my opinion only. Manage your own risk.

Ut sementem feceris, ita metes

Ipsa scientia potestas est

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