The trading diary of Paul J. Singh. I trade full-time and empower traders by making the complex simple. I can be contacted at SinghJD1@aol.com
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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.
FWIW, you have some company on this trade.
ReplyDeleteI 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...
Cheers,
-Bill