Friday, June 05, 2009 12:41:33 AM
basically, this chart says "dips must be bought" unless we see some game-changer wrench get thrown in the works.
for better or for worse, i've been trickling shares of UCO into this run for a while now and am forced to trade the intraday swings to squeeze more out of crude right now. on a pullback to $60/barrel ($10-11 on UCO) i would load it again hugely.
for better or for worse, i've been trickling shares of UCO into this run for a while now and am forced to trade the intraday swings to squeeze more out of crude right now. on a pullback to $60/barrel ($10-11 on UCO) i would load it again hugely.
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