Replies to post #1938 on ProShares Ultra Bloomberg Crude Oil 2X ETF (UCO)

[pleeb01]

What are your thought? Why lower? CoT data seems to be heavy long still no?

[BOS-MMT]

Big Pop will only come if North Korea starts the war when USA and South Korea do the military drill. The drill is on next week. That could be a black swan this year IMO

[kamakiri]

Small effects IMO.MM just went net -37MM bbl worth last week. And contract rollover for ETFs/ETNs starts tomorrow. Spread between Apr-May has widened to $0.49...while that's not bad it's a lot worse than the $0.26 it was at when I was predicting the topping action the other week.