USO: Is a Probable Capitulation in the Works? [View article]
Who knows man. I'm not going to be long USO when the turn happens, and I'm not going to get in early. Feel free to call capitulation points but you have to realize that the market is manic depressive. Especially when you have people who don't understand supply and demand or P/E ratios buying and selling stocks online.
You said it yourself: Don't try and catch a falling knife. Wait for the shares to commence a trend change and begin buying as USO starts to rally.
So, can we agree you bought in early, or can we agree to disagree?
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Who knows man. I'm not going to be long USO when the turn happens, and I'm not going to get in early. Feel free to call capitulation points but you have to realize that the market is manic depressive. Especially when you have people who don't understand supply and demand or P/E ratios buying and selling stocks online.
Dec 30 10:41 am
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All Comments by Glen Bradford »USO: Is a Probable Capitulation in the Works? [View article]
You said it yourself: Don't try and catch a falling knife. Wait for the shares to commence a trend change and begin buying as USO starts to rally.
So, can we agree you bought in early, or can we agree to disagree?
I'm going to be long DXO when this shift happens.