Replies to post #660883 on Zeev's Turnips Patch-No Politics (ZEEV)

[ChartReader]

"Tax"--Current UCO/SCO holdings....

As of today I'm net-dollars holding:

UCO's 61%

SCO's 39%


Hence, I'm still "net long" oil.

(I'm pretty much afraid to ever be "net short" oil....given the overnight possibility of a big event-driven spike up in oil.)

I'm (unfortunately) still long quite a few UCO's in the $10's and $11's.....so a further oil rally would be helpful.


Up, then down, then up, then.....