Replies to post #17557 on Mostly: Classical

[amarksp]

Sold USO and switched to DBO. DBO should be less volatile given how DBO manages trading of contango and backwardation. Both have .5% management fees.

Thanks basserdan...

[KastelCo]

Wanton gambler LOL..
I'm considering a position in this http://www.hbpfunds.com/eng/cobupf.asp with the drop in oil prices.. .. even though it's the bear funds that drew me to the site. I can buy a 5K chunk so like your USO wager...

It's frigging cold on the US West coast... my sister in Hermosa Beach is freezing... I guess in California there are no furnaces and you just freeze when it gets cold ? :O) in the context that I expected a better (less bearish since I can't say more bullish :o( ) inventory report today..

I also bought another U stock earlier this week, NCR.V ... small explorer in elephant country... could go to zero in a blink of the eye :O) More wall paper I hope not ...

PBG down another buck... I guess selling some was a good idea.. I'm not used to them going down 'after' I sell them :O)

Only stock that did well for me today was a little oilsands (as Frank would say) crapper called PTCH. For trading and lottery simulation purposes only...

K