Wednesday, March 12, 2008

USO update

I thought this might happen but I took the shot anyway. Oil closed at $110.02. I still like the trade and have a stop at $88.50. That's a wider stop than usual for me but I really like the trade.


About Me

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I am a former hedge fund manager, broker and capital markets dude who now trades for his own account. I love what I do. I will try to post some stocks and an occasional chart that looks attractive for entry.I will also try to point out the idiocy of conventional wisdom and the lack of value added by the mainstream financial media. These postings should not be viewed as recommendations.