Replies to post #4646 on ProShares Ultra Bloomberg Crude Oil 2X ETF (UCO)

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I'm out for the moment. When the EIA report didn't cause an immediate direction change, I jumped on the U. Sold it later when the price started to roll over. I assume that's when you started making some $ on the short. We'll see how this gets digested overseas and in the pre-market. Never good to be neutral, so I'll take the outlook that WTI is on its way to 61, although it may not happen by Friday. Good trading!