Zeev's Turnips Patch-No Politics (ZEEV)

[ChartReader]

related trade: bot SCO $36.14 (2X short oil)

SCO (2X short crude) is opposite of UCO (2X long)

02/03/2009 Buy xxx SCO PROSHS ULTRASHORT DJ AIGCRUDE OIL $36.14000


SPECIAL TRADING NOTE:
I've today begun "trading SCO's against positions in UCO"--I believe this will work nicely.... adding flexibility... AND will balance out trades over time.

IF timed properly--should provide opportunity to double profits by "playing both side" of moves: up and down.

Why not??

NOTE today's range in SCO: 35.76 to 38.06 (6-plus %) Many days range is even greater.

Fade the moves.

Play the moves.

Ying-yang.



SEE chart both:
Google chart UCO (2X) long oil vs SCO (2X) short oil vs ^DJAIGCL Oil Index benchmark
http://finance.google.com/finance?q=INDEXDJX%3ADJAIGCL+UCO+SCO