Trade: SSO, FAS and USO

I added to my small SSO position this morning and initiated an oil trade via USO. Both have tight stops beneath support.

I was stopped out of FAS at $14.40. I just entered again at $12.77.

2 thoughts on “Trade: SSO, FAS and USO”

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John says:

January 15, 2009 at 5:35 pm

I’m tempted too, but it violates one of the money mgmt. rules I use in blackjack: Don’t bet on a losing streak…

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The Market Speculator says:

January 15, 2009 at 5:43 pm

What do you mean?

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