Saturday, May 10, 2008

SHORT USO SOON

I will update. Let them have there way. Almost over. Getting short.Gonna make some huge loot next week.


4 comments:

Stewie said...

short crude, long equities could next week's theme. we'll see.

VKC said...

Is there an inverse ETF to USO?

Stacy said...

I would probably agree with you...but just remember 1999. Things go up wayyyyyyyyyy longer than you think they will. The MO is huge on this one. When it turns- oh yeah baby, money will be made.
I suggest puts on the actual commodity.

upsidetrader said...

stacy
i agree,stocks can stay overbought longer than we would think and the MO is huge on this one-puts are a great way to go

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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.