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Re: xero90 post# 828

Monday, 02/20/2012 9:49:40 AM

Monday, February 20, 2012 9:49:40 AM

Post# of 3372
I buy UCO... not USO. I sold several 100 shares of UCO, but the majority I did not get stopped yet because it triggers at $44.50

Then I put a 1% trailing stop. Today if the market was open, we would have opened at over $45.50 in UCO. My trigger would have happened and my stop would be around 45.. a good profit for this trade.

I can see oil maybe topping $110 but it is s crap shoot.

http://investorshub.advfn.com/boards/board.aspx?board_id=14846
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