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.buying swing UAUA at 6.70 OVERSIZED . Mind you according to

Posted: Fri Nov 06, 2009 11:29 am
by MMASSASSIN
.buying swing UAUA at 6.70 OVERSIZED . Mind you according to my discipline a oversized stock position is 5 times the money allocation of a options position of equivalence. Oil may have toped out and this is a bearish oil bet on top of a UAUA chart that may be setting up to move short term bullish. Aggressive early entry. Also watching LCC and OIL ultrashorts SCO and DTO.