Long USO into Summer

Discussion in 'ETFs' started by lpchad, Apr 17, 2009.

  1. This chart is an average of USO prices for the last 3yrs...since inception.
     
    • uso.png
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    #11     May 2, 2009
  2. Go long QMF0 and short USO.
     
    #12     May 2, 2009
  3. Remember reading somewhere the largest port in the world running out of storage area for oil.

    Do you really think its time to get long oil?
     
    #13     May 2, 2009
  4. USO's ABC Bullish pattern chart w/Price & Time Levels...

    regards,
    Suri

    [​IMG]
     
    #14     May 2, 2009