Replies to post #473 on ProShares Ultra Bloomberg Crude Oil 2X ETF (UCO)

[xZx]

sounds good. if we get some sustained sideways action, a real rounded bottom, then the bounce should be strong when it finally comes.

fracking tech has made oil no more scarce than a gallon of milk, and fuel economy keeps getting better, so there is a structural change in energy. nevertheless, i'm betting $70 oil returns, and that's a nice gainer from here.

good luck to all.