United States Oil Fund (USO)

[montanamark]

may 1 abandoned baby gap filled today @ 90.31; all this gloom and doom and yet USO did ok; i bot the gap area; there is still
a gap from april around 85;
i keep hearing about demand destruction - still waiting for it to arrive in socal; more traffic then ever and plenty of new hummers and SUVs

dive in oil more likely the result of being overbot and hedge funds getting margin calls on the decline; and the amazing dollar rally; the world economies may slow down but I doubt people will stop using energy; wars still to be fought over oil