Monday, August 11, 2008

USO Trade

As planned in last night's post, I took a small position in USO once we got some weakness. I entered long 100 shares at $91.47. My stop is placed under the 200 day MA.

1 comment:

Bill Luby said...

FWIW, you have some company on this trade.

I thought you might get a kick out of the fact that a little while back I caught myself looking at my screen and chanting:
"U-S-O! U-S-O!! U-S-O!!!"

I guess I've seen too much of the Olympics already...