Hello, this is my first time posting on this forum. I am 23 years old and just did my first trade about a month ago. I bought around 550 shares of UCO at $8.53 and sold at around $10.50. I am again looking to buy back into UCO now that it has dipped below the $9 mark. Here is my question for you guys, everything I am reading makes it sound like buying into UCO right now is a HORRIBLE idea. All these articles talk about how high the oil inventories are and how the demand for oil is very low. Oil has been following the DJ a lot as of late which has also been taking a hit lately. Projections are talking about oil going down to about $70 a barrel in the near future. Basically these articles to me make it sound like EASY money to just short the oil market. I am a pretty successful sports handicapper and have noticed that when a team sounds like easy money, they usually aren't and I am wondering if this is the case also for oil right now. Do you think buying into UCO at $8.90 is a bad idea with the intent of selling in the next two months in the $10 range? I know the graphs are nothing but history but buying in the $8's has been a good investment lately. Thanks in advance for any responses.