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Wednesday, August 25, 2010

Sold USO and got stopped out with GS

I sold USO for a $.03 loss when I saw the dollar gap higher this morning reversing the Bear Flag pattern.

I got stopped out with GS @ the open, $143.82. I was hoping for a gap up, but it never came.

Very small losses. I'm shorting retracements from now on!
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2 comments:

  1. Minerals LiberiaAugust 25, 2010 at 8:29 AM

    I bought a crap load of oil on the sell off...should be able to scalp a few dollars$

    ReplyDelete
  2. yourfinancialbloggerAugust 25, 2010 at 11:33 AM

    nicely done. Oil has had a very nice bounce today.

    ReplyDelete

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