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Logothetis

03/12/09 12:14 PM

#616738 RE: zab #616735

DXO trades on the future contract - not sure how many months out but I think it's August now. With the contango shrinking, future months won't be experiencing the gains the front month will be. I think the long trade in oil will be happening quite soon. I'll be going long after the OPEC meeting - likely Tuesday. Right now just trading it. USO and UCO are the ones to be in.