Replies to post #617138 on Zeev's Turnips Patch-No Politics (ZEEV)

[Seminole Red]

utilities doing good today

[ChartReader]

congrats zab: Burgers-n-Beers for lunch!!


Keep you EYE on those TWO charts I told you to watch.... oil runs suddenly and unexpectedly

--CR

[ChartReader]

zab: you might take-a-look at SCO's (final post**)

OK, just a thought.....

IF you're still sitting on a "partial postion" of UCO's you're holding (still) at a profit....

you might consider taking a "SMALLER off-setting position" in SCO's today before market closes.

Then--no matter "which way" oil pops tomorrow, you otta' be able to sell either the UCO's for an even greater profit (than currently at)....

.....or sell the (new) SCO's instead at a profit.



Both UCO's AND SCO's will often "pop" shortly (within LESS than 10 minutes of open) after opening each day--that's when I enter about half my trades.

(FYI--I'm currently buying UCO's vs SCO's at about a 1:4 ratio--since SCO's cost about 4+ times as much. AND, for me, I currently maintain an "upward bias" in my balance of UCO and SCO holdings.)



Here's LIVE “TIME” Yahoo chart of ^DJAIGCL Oil Index (Dow Jones-AIG Crude Oil Sub-Ind (^DJAIGCL) benchmark:
http://finance.yahoo.com/q/bc?s=%5EDJAIGCL&t=5d&l=on&z=m&q=l&c=


YOU decide on a strategy that's best for you.



** EDIT: THIS IS MY FINAL POST until 12PM/9PM tonight--looks like I've just "used up" my 15th for today....

Gosh--ANYBODY who's made FIFTEEN postings in a single day must be "flapping-their-lips" far too much anyway....don't you think??


Good Trading to ALL!!

Miller Time is only 60 minutes away.....

--CR

[stockoptionan]

ZAB---good for you.alex