USO

    Posted by racerick on 26th of Dec 2008 at 11:36 am

    USO making nice move here past few min

    Couple of analysts were talking

    Posted by homer on 26th of Dec 2008 at 11:40 am

    Couple of analysts were talking oil up on cnbc, watch it come back down now... like Matt said, still below the 20 day MA and in a downtrend channel but I'm keeping an eye on that.

    FYI - Appears Gap Up

    Posted by cspirit on 26th of Dec 2008 at 11:56 am

    FYI - Appears Gap Up fill has completed on DXO today.   I believe it was $1.93 - $ 1.94 area 

    Took my money and ran

    Posted by califman4u on 26th of Dec 2008 at 12:01 pm

    Took my money and ran at 1.91 on DXO.  If it makes another run up good for it.

    Good for you.  DXO depends

    Posted by cspirit on 26th of Dec 2008 at 12:04 pm

    Good for you.  DXO depends on what set-up you were playing.  I'm playing the down channel support near $1.90 set up.  The Gap play fill set up was another one you could have tried today.

    Glad you made profit on your trade.  I'm still long DXO playing the down channel support trade.  Looking to unload it above $ 2.30 area.

    Chris, this is a long-term

    Posted by junkmaylbox on 26th of Dec 2008 at 12:46 pm

    Chris, this is a long-term play, I assume (i.e., beyond one day).

    nice to see racerick.  I'm

    Posted by califman4u on 26th of Dec 2008 at 11:39 am

    nice to see racerick.  I'm in DXO as of yesterday at 1.76.  Setting tight stops behind the move up.  Want to make sure I get a nice small profit today.  I have learned not to give up the gains and cut the losses short.  This site has benefited me alot.

    Yes and its pulling up

    Posted by cspirit on 26th of Dec 2008 at 11:38 am

    Yes and its pulling up DXO and OIL with it

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