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Tuesday, November 11, 2008


A few months ago, I recall having an interest in USO around 48.

Pundits overshot oil to the upside and may have overshot to the downside.

See how it USO dropped right to 48 and close above it.

Good for a nibble, but don't over stay your welcome.


Looking at the screen for Uptrend and Currently Oversold, I don't see FXP and EEV anymore and has raised my curiosity. Take a look at the charts and you will see why.