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United States Oil Message Board

  • chriscook02 chriscook02 Feb 4, 2009 8:31 PM Flag

    have you all lost it? just trade the damn thing

    i stop by and read these every once in a while for some laughs.

    nobody has any control over this etf.
    I'm short! its going down!
    I'm long ! blah blah blah.

    in 2 years i've been trading uso i have never seen it deviate from whatever month nymex contract it holds. this is in a time frame of seconds i'm talking.... as fast as my brain can compare two data feed charts. (During market hours of course.. who knows what happens AH)

    yes there is slippage from various factors... fees ,rollover effects, etc...
    but not on the timeframe this etf seems to be built for.

    you cant *pump* this, you cant *scare* it.
    anything you read here is just idle conversation. dont believe the hype. ITS ALL CRAP.
    do your own research. get your feeds and fill your charts.

    *IF* someone has seen a USO order go through that causes reversal of the near instantaneous tracking of the nymex future... please correct me.

    scalping dimes (i'm not greedy) is what it seems this etf is made for:

    01/30/09 YOU BOUGHT
    UNITED STS OIL FD LP UNITS USO 1,000.000 $29.1500 -$29,157.00 Margin

    01/30/09 YOU SOLD
    UNITED STS OIL FD LP UNITS USO -1,000.000 $29.4700 $29,462.83 Margin

    02/02/09 YOU BOUGHT
    UNITED STS OIL FD LP UNITS USO 1,000.000 $28.7500 -$28,757.00 Margin

    02/02/09 YOU SOLD
    UNITED STS OIL FD LP UNITS USO -1,000.000 $29.1000
    $29,092.83 Margin

    02/02/09 YOU BOUGHT
    UNITED STS OIL FD LP UNITS USO 1,000.000 $28.3700 -$28,377.00 Margin

    02/02/09 YOU SOLD
    UNITED STS OIL FD LP UNITS USO -1,000.000 $28.5500 $28,542.84 Margin

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