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Holding: USO
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| Symbol | Sector | Return | Exposure | Trades | Last Trade | Status | |
|---|---|---|---|---|---|---|---|
| USO | Equity Investment Instruments | 4.71% |
|
3 | 19-Sep-08 | Currently Holding |
05-Jun-08
CNBC Bonus Bucks Trivia: On June 3, George Soros said oil prices will not “crash” any time soon. What reason(s) did the billionaire cite?
Holding Rationale for USO.
On June 3, George Soros said oil prices will not “crash” any time soon. What reason(s) did the billionaire cite?
Hungarian-born Soros said commodity index trading “is still inflating the bubble,” but oil prices have “a strong foundation in reality.”
While I’m not exactly counting on a crash, I’m hoping I can restock my oil position (USO) at lower prices.
Tagged Stocks: USO
Posted at 05:10 in Holding Rationales | Permalink | Comments () | Top
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