Replies to post #377 on Justa's Dive Bar

[Ace Hanlon]

I sold USO recently around $53.5, but bought some back today at 51.7

Just a small position though.

Gold and Japan acting much better than oil.

[Justa Werkenstiff]

Oil: It is downright balmy in the Northeast, more so than I can ever remember. Thr Northeast is going through the January than now without having the benefit of anything to thaw from.

And while we are making a bottom here intermediate term imo with the USO very oversold on a daily chart, this thing will take some time to work through. As I said last week, I am holding but not adding to positions.