FTO is a very compelling trade on the long side come what
MAY.
That having been said, I am as any piece of news could send the
always loathe to short anything that is in a screaming bull market
as any bullish news could send the USO rocketing higher. On the
balance of probabilities I would rather wait for long setups that
short a bull market.
Thank you for your candid opinion. This is what freedom is all
about!!!
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parabolic Bounce
Crude Oil ETF chart - Short Setup July 28th: OIL (crude ...
Posted by maverick on 29th of Jul 2008 at 01:21 am
under 121.60 I'm short OIl futures & Long FTO in my equities portfolio.
FTO
Posted by vmath on 29th of Jul 2008 at 02:38 am
FTO is a very compelling trade on the long side come what MAY.
That having been said, I am as any piece of news could send the always loathe to short anything that is in a screaming bull market as any bullish news could send the USO rocketing higher. On the balance of probabilities I would rather wait for long setups that short a bull market.
Thank you for your candid opinion. This is what freedom is all about!!!