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Holding: USO

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Symbol Sector Return Exposure Trades Last Trade Status
USO Equity Investment Instruments 1.17% 
Long
3  19-Sep-08  Currently Holding
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22-May-08

USO: Sold My Oil

Holding Rationale for USO.

Hope I’m not getting too cute here, as I think the long-term trend in oil prices remains upward. But all the “oil crisis” talk on CNBC, along with some other indications that the market is a little frothy here, have led me to take my money out of the oil ETF in hopes of using the same amount of cash to buy more shares later.

Tagged Stocks: USO

 

Posted at 10:54 in Holding Rationales  |   Permalink  |   Comments ()     |  Top

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USO Long
Rank 23/98
Return 1.17% at 2008-11-20
Rank 23/98
Trades 3
Followers 27
 

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