About USO
(2008-05-09 13:58:38)
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Oil is so hot, and burned a lot of short. However someone mentioned the gasline price high now is more due to the season change, and now the refiners produce more and more gasoline, the fundamental is changing, and the TA chart shows the correction.
I say USO will go down on Monday and continue to lower, today\'s high is the 52 weeks high for a while at least. :)