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Re: August Crude/ ** Trades/Silverbear *PIC*

Yes I looked at UCO but even with the strong postive divergences on the RSI 21 and CCI 20 Plus being at a double bottom I just couldn't bring myself to buy the double bull ETF so stuck to USO. If you are way early on the double ETF like all doubles you can get trashed far worse than the singles. And buying the double bottom was still a counter trend trade as well despite my beliefs. The market has no respect for what I think. And notice those double ETFs break support and resistance somewhat too the way they are calculated. Best to go with the single or the underlying market it tracks as far as the chart goes. Or just allow more wiggle room with the doubles. I don't allow for much wiggle room with anything. But I do think Crude has a lot of potential up from here. Just have to pick your spots it seems. Well enjoy your grand kids on this long weekend for us Canadians. (even if you are in the states.) Hey you can take both off and celebrate. Jeez, why not take the whole damn week off. That's what many are going to do next week more or less. Next week could be a dog's breakfast as far as the markets go.

Messages In This Thread

August Crude/ Still in its Channel *PIC*
Re: August Crude/ Still in its Channel *PIC*
Re: August Crude/ Still in its Channel/Randolf
Re: August Crude/ Still in its Channel/Randolf
Re: August Crude/ Still in its Channel
Re: August Crude/ Still in its Channel
Re: August Crude/ Still in its Channel/STR
Re: August Crude/ Still in its Channel/STR
Re: August Crude/ Still in its Channel/N.Secret *PIC*
Re: August Crude/ Still in its Channel/Trades
Re: August Crude/ Still in its Channel/Trades
Re: August Crude/ Still in its Channel/STR *PIC*
Re: August Crude/ Still in its Channel/STR
Re: August Crude/ Still in its Channel/Trades
Re: August Crude/ ** Trades You said what?
Re: August Crude/ ** Trades You said what?
Re: August Crude/ ** Trades You said what?/g *PIC*
Re: August Crude/ ** Trades You said what?/g
Re: August Crude/ ** Trades You said what?/g
Re: August Crude/ ** Trades You said what? NTR
Re: August Crude/ ** Trades You said what? NTR/g
Re: August Crude/ ** Trades You said what? NTR/g
Re: August Crude/ ** Trades You said what?/g
Re: August Crude/ Trades You said what?/Randolf *PIC*
Re: August Crude/ Trades You said what?/Randolf
Re: August Crude/ ** Trades You said what?/g
Re: August Crude/ ** Trades You said what?/g *PIC*
Re: Crude/ ** Trades You said what? **T Congrats!
Re: August Crude/ ** Trades You said what?/g
Re: August Crude/ ** Trades/Silverbear *PIC*
Re: August Crude/ ** Trades/Silverbear
Re: August Crude/ ** Trades
Re: August Crude/ ** /STR *PIC*
Re: August Crude/ ** /STR
Re: August Crude/ Trades
Re: August Crude/STR *PIC*
Re: August Crude/ Trades
Re: August Crude/ ** Trades You said what?/g
Re: August Crude/ STR