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To: jjstingray who wrote (199964)10/4/2012 12:23:33 PM
From: hawkeyefan  Respond to of 209892
 
I really like trading it and the inverse SCO. It behaves well.

I bought UCO yesterday on the Crude collapse. If they let me out with some profit and Henry has a bearish pennant on its counterpart, BNO, I am gone.



To: jjstingray who wrote (199964)10/4/2012 12:29:16 PM
From: Henry J Costanzo  Read Replies (2) | Respond to of 209892
 
FYI…and FWIW…quoting from the TA "Bible"…

"Most true wedges are short-lived…seldom longer than 3 months..."