Wednesday, November 10, 2010

Bookkeeping: Starting Proshares Ultra Crude Oil (UCO)

Inflation is not happening...hence please ignore the breakout to new yearly highs in  oil.

Friendly consumer tip: fill up your gas tank on the way home.

I started a 3% allocation in Proshares Ultra Crude Oil (UCO)...crude is the new cotton

The redcoats speculators are coming, the redcoats speculators are coming

Long Proshares Ultra Crude Oil in fund as inflation is nowhere to be found; no personal position


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