This is my first chart. I am thinking about getting out of my UCO Etf right now and letting this ride down a bit, or even shorting it with USO.
Comments
ma.sanjuy
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HIGH OIL PRICES is causing paralysis and eventual death to this industry. Because of the greed of the oil producers, the consumer has found alternate sources to his requirement and the biggest achievement is the Free Solar energy. Cost of Solar Generation is coming down with each passing day. Seeing the doomsday even Saudi wants to sell off all the shares of its cash cow, the SABIC. FUNDAMENTALS eventually take over the charts... !! Good luck Buddy.
WaltFitz1
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Very true. I hope to be long out of the market by the time that happens! :-)