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06/05/09 12:41 AM

#3424 RE: Pennyland #3422

basically, this chart says "dips must be bought" unless we see some game-changer wrench get thrown in the works.

for better or for worse, i've been trickling shares of UCO into this run for a while now and am forced to trade the intraday swings to squeeze more out of crude right now. on a pullback to $60/barrel ($10-11 on UCO) i would load it again hugely.