Replies to post #4868 on ProShares Ultra Bloomberg Crude Oil 2X ETF (UCO)

[Richsooka]

There's too much manipulation in the futures to make money unless you've got a nice cushion of cash. All the algorithms in the market are designed to take our money. Oil doesn't store well either, not for the haul that I would want to hold it for, so we're limited. I'm looking to get in here, but I don't trust that it won't become an RS victim or even completely go away like UWT/DWT are on 4/3. I've got some XOP in an account and they're doing a 4:1 rs eom.