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Post# of 704049
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ChartReader

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ChartReader

Re: Taxmantoo post# 660883

Friday, 10/01/2010 12:33:57 PM

Friday, October 01, 2010 12:33:57 PM

Post# of 704049
"Tax"--Current UCO/SCO holdings....

As of today I'm net-dollars holding:

UCO's 61%

SCO's 39%


Hence, I'm still "net long" oil.

(I'm pretty much afraid to ever be "net short" oil....given the overnight possibility of a big event-driven spike up in oil.)

I'm (unfortunately) still long quite a few UCO's in the $10's and $11's.....so a further oil rally would be helpful.


Up, then down, then up, then.....

--ChartReader

"Every day when I wake up, a thousand paths open up before me." (Henry Miller)

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