Is UCO a buy? - Seeking Alpha

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HEADLINES:

How To Beat Leveraged ETF Decay
Jari Ulmer • Thu, May 23 • 10 Comments
Crude Oil And Gasoline Inventories Decline
Bespoke Investment Group • Wed, Apr 17
Weekly Gasoline Update: 7th Week Of Falling Prices
Doug Short • Tue, Apr 16
Don't Overlook The U.S. Dollar Factor For Oil Prices
James Picerno • Mon, Mar 25 • 4 Comments
Brent Crude And WTI: When The Same Thing Becomes Very Different
Charles Armstrong • Thu, Mar 21 • 36 Comments
Weekly Gasoline Price Update: Down A Penny Or Two
Doug Short • Tue, Mar 19
Oil Vs. Gasoline Prices
Bespoke Investment Group • Mon, Mar 18
Weekly Gasoline Update: Regular Down A Nickel
Doug Short • Tue, Mar 12
Weekly Gasoline Update: Down $0.02
Doug Short • Tue, Mar 5
Weekly Gasoline Update: Prices Rise Again, But At A Slower Pace
Doug Short • Tue, Feb 26 • 2 Comments
Weekly Gasoline Update: Ouch! Regular Rise $0.14, Premium Now Above $4
Doug Short • Wed, Feb 20 • 3 Comments
Weekly Gasoline Update: Prices On The Rise
Doug Short • Tue, Jan 29
Weekly Gasoline Update: Regular Unchanged For The 2nd Week
Doug Short • Tue, Jan 15 • 1 Comment
Record ETF Inflows In 2012 See U.S. And Emerging Market Equities As Biggest Winners
Deborah Fuhr • Thu, Jan 3 • 1 Comment
VIX - Options Volatility Sonar: Thursday Recap
Erick McKitterick • Fri, Nov 16, 2012 • 4 Comments
Crude Oil Inventories Surge
Bespoke Investment Group • Wed, Oct 24, 2012 • 10 Comments
Will Iran's Runaway Inflation Spark An Oil Bull Market?
Marin Katusa • Thu, Oct 18, 2012 • 7 Comments
Crude Oil And Gasoline Inventories Rise More Than Expected
Bespoke Investment Group • Thu, Oct 18, 2012 • 5 Comments
Weekly Crude Oil And Gasoline Inventories (10/11/12)
Bespoke Investment Group • Thu, Oct 11, 2012 • 3 Comments
The 5 Most Popular Leveraged Commodity ETFs
CommodityHQ • Sun, Oct 7, 2012 • 3 Comments

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Tuesday's ETF To Watch: Ultra DJ-UBS Crude Oil
Jared Cummans • Tue, May 8, 2012
Why I'm Long ProShares Ultra Crude Oil ETF Despite Volatility
Rocco Pendola • Thu, Feb 24, 2011 • 10 Comments
Overview of the Natural Gas Market, from Universal Compression Holdings (UCO)
The Wall Street Transcript • Mon, Apr 17, 2006

How To Beat Leveraged ETF Decay
Jari Ulmer • Thu, May 23 • 10 Comments
Crude Oil And Gasoline Inventories Decline
Bespoke Investment Group • Wed, Apr 17
Weekly Gasoline Update: 7th Week Of Falling Prices
Doug Short • Tue, Apr 16
Don't Overlook The U.S. Dollar Factor For Oil Prices
James Picerno • Mon, Mar 25 • 4 Comments
Brent Crude And WTI: When The Same Thing Becomes Very Different
Charles Armstrong • Thu, Mar 21 • 36 Comments
Weekly Gasoline Price Update: Down A Penny Or Two
Doug Short • Tue, Mar 19
Oil Vs. Gasoline Prices
Bespoke Investment Group • Mon, Mar 18
Weekly Gasoline Update: Regular Down A Nickel
Doug Short • Tue, Mar 12
Weekly Gasoline Update: Down $0.02
Doug Short • Tue, Mar 5
Weekly Gasoline Update: Prices Rise Again, But At A Slower Pace
Doug Short • Tue, Feb 26 • 2 Comments
Weekly Gasoline Update: Ouch! Regular Rise $0.14, Premium Now Above $4
Doug Short • Wed, Feb 20 • 3 Comments
Weekly Gasoline Update: Prices On The Rise
Doug Short • Tue, Jan 29
Weekly Gasoline Update: Regular Unchanged For The 2nd Week
Doug Short • Tue, Jan 15 • 1 Comment
Record ETF Inflows In 2012 See U.S. And Emerging Market Equities As Biggest Winners
Deborah Fuhr • Thu, Jan 3 • 1 Comment
VIX - Options Volatility Sonar: Thursday Recap
Erick McKitterick • Fri, Nov 16, 2012 • 4 Comments
Crude Oil Inventories Surge
Bespoke Investment Group • Wed, Oct 24, 2012 • 10 Comments
Will Iran's Runaway Inflation Spark An Oil Bull Market?
Marin Katusa • Thu, Oct 18, 2012 • 7 Comments
Crude Oil And Gasoline Inventories Rise More Than Expected
Bespoke Investment Group • Thu, Oct 18, 2012 • 5 Comments
Weekly Crude Oil And Gasoline Inventories (10/11/12)
Bespoke Investment Group • Thu, Oct 11, 2012 • 3 Comments
The 5 Most Popular Leveraged Commodity ETFs
CommodityHQ • Sun, Oct 7, 2012 • 3 Comments

There are no Transcripts on UCO.

Money Talks: 5 money moves one commodities bear is making now

at MarketWatch.com (May 2, 2012)
Why the bulls are set up for a fall in June

at MarketWatch.com (Jun 1, 2011)
Dow Closes Above 12,000, S&P Above 1,300

at CNBC.com (Feb 1, 2011)
Stocks Rise Above Thresholds Before Close

at CNBC.com (Feb 1, 2011)
January Gone, Beginning Month Fund Flows Should Help

at CNBC.com (Feb 1, 2011)
UPS Earnings Beat Estimates; Shares Rise

at CNBC.com (Feb 1, 2011)
Stocks Close Off Session Highs as Retailers Fall

at CNBC.com (Dec 13, 2010)
Stocks Trim Gains Before Close; Tech Falls

at CNBC.com (Dec 13, 2010)
On Record Shipping Day, FedEx is a Buy: Analyst

at CNBC.com (Dec 13, 2010)
Stocks Close Mixed as Technology Rises

at CNBC.com (Sep 16, 2010)
Stocks Remain Mixed Before Close; Tech Rises

at CNBC.com (Sep 16, 2010)
Art Cashin: 'Mountain' of Sideline Money Is Finally Moving

at CNBC.com (Jul 26, 2010)
Stocks Surge 2% After Earnings; Banks Jump

at CNBC.com (Jul 22, 2010)
Stocks Surge 2% Amid Earnings; Banks Jump

at CNBC.com (Jul 22, 2010)
UPS Tops Profit Estimates, Raises Guidance

at CNBC.com (Jul 22, 2010)
Two Sides of Recovery: Shipping Up, Housing Down

at CNBC.com (Jul 14, 2010)
Analyst Watch: Transports and Homebuilders

at CNBC.com (Jun 16, 2010)

UCO vs. ETF Alternatives

UCO Description

ProShares Ultra DJ-UBS Crude Oil seeks daily investment results, before fees and expenses, that correspond to twice (200%) the daily performance of the Dow Jones—UBS Crude Oil Sub-Index SM.
See more details on sponsor's website

Key Info

In Your Portfolio: A Guide to Commodity ETFs and ETNs
Asset Class Performance: Commodities

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| Earnings
| Dividends
| M&A
| On the move

Friday, May 24, 8:07 AM Oil traders might have an opportunity in the recently-narrowed spread between WTI crude (USO) and Brent (BNO), says Goldman. Though expecting further narrowing in the near-term, the team recommends selling WTI Dec. 2014 contracts and buying equivalent Brent as rising Gulf Coast supplies later this year and in 2014 should pressure WTI prices. Comment! [Commodities]
Tuesday, May 14, 4:50 AM Thanks to U.S. shale oil, demand for OPEC crude will remain largely unchanged over the next five years the IEA says in its semi-annual report. "Output growth from North America dominates the medium-term growth profile," the agency notes. By 2018, U.S. output should reach 11.9M barrels per day, 20% of the projected total of 59.3M barrels per day of non-OPEC supply. 3 Comments [Commodities]
Monday, May 6, 8:31 AM The commodity boom (DBC) is over, writes Morgan Stanley global macro chief Ruchir Sharma, as massive overinvestment - mostly to feed China's voracious demand - comes online just at the time said demand becomes considerably less voracious. Not only are China and emerging markets in general slowing, but the countries are striving to become more efficient (USO) as well. "If historical pattern holds, we are now entering a long period of falling commodity prices, which could last two decades." 2 Comments [Commodities]
Monday, May 6, 6:53 AM Crude gets a boost from its favorite catalyst: geopolitical tension. Brent futures hit their highest levels in a month Monday after Israel steps up airstrikes on Syrian targets over the weekend. Expect the risk premium investors attach to oil to rise further in the coming weeks should rhetoric surrounding possible U.S. intervention heat up. Nymex crude jumped in early Asian trading as well. 1 Comment [Energy]
Wednesday, May 1, 4:30 PM Nymex crude settled -2.6% at $91.03 after today's inventory report revealed crude stockpiles climbed to 6.696M barrels, a record high dating back to 1982 when the EIA began tracking the data. E&P equities took a beating, from higher-beta names such as QEP Resources (QEP -6.1%) to giants such as Exxon (XOM -1.6%) and Chevron (CVX -1.4%). (ETFs: USO, UCO, OIL, BNO) 12 Comments [Energy, U.S. Economy]
Thursday, April 18, 10:32 AM One would expect lower crude inventories to result in higher prices, but that didn't happen yesterday as WTI slid below $87. Walter Kurtz's four possible reasons to explain crude's downside moves: weaker than expected growth in China has sparked a negative sentiment in commodity markets; hedge funds unwinding positions; lower U.S. demand for gasoline; North American production continues to surprise. 2 Comments [Commodities]
Monday, April 15, 11:57 AM It's not as bad as gold, but crude oil is taking a beating too as weaker-than-anticipated economic reports from China deepen demand worries. Goldman Sachs says it has closed its long position in Brent crude with a loss of ~15%, worried prices will come under more pressure as European refining capacity comes back online after routine maintenance. WTI -2.9% to $88.59, Brent -2.6% to $100.45. Comment! [Energy, Global & FX]
Monday, April 15, 6:57 AM S&P 500 (SPY) futures -0.5%, Nasdaq 100 (QQQ) -0.4% as the liquidation in precious metals continues. Other sensitive commodities: WTI crude (USO) -2.5% to $88.76, and copper (JJC) -3.4% to $3.23. 6 Comments [On the Move]
Monday, April 15, 4:49 AM China's GDP miss and disappointing industrial production data are sending global equity markets lower, as well as copper and oil, which is also suffering from the IEA slightly cutting its demand outlook last week. Japan -1.6%, Hong Kong -1.4%, China -1.1%, India +0.6%. EU Stoxx 50 -0.2%, London -1%, Paris -0.8%, Frankfurt -0.8%, Milan -0.2%, Madrid -0.4%. Oil -2.4%, copper -1.5%. 1 Comment [Global & FX, Top Stories, On the Move, Energy]
Thursday, April 11, 10:47 AM Crude futures give back a bit of recent gains after the IEA cuts its outlook for global oil demand growth to 795K bbl/day from a previous 820K bbl/day, reflecting weak demand from industrialized countries and especially Europe, where 2013 consumption is seen at the lowest since the 1980s. Still, political threats to supply and an imminent recovery in refinery operations mean it's "too early to call a bear market." Comment! [Energy, Commodities, Global & FX]
Monday, April 1, 8:57 AM West Texas crude’s discount to Brent prices widened from the narrowest in almost nine months after Exxon Mobil (XOM) shut its 96K bbl/day Pegasus pipeline system due to a leak in Arkansas. Inventories already are high, and the pipeline closure will mean less crude can be transported from the U.S. Midwest, potentially exacerbating a glut of oil coming from Canada to the Midwest. Comment! [Energy, Commodities]
Tuesday, March 26, 5:45 PM An increasing push to substitute natural gas for oil and improvements in fuel economy could lead to the end of growing oil demand much sooner than expected, Citi's Seth Kleinman forecasts. The last decade's structural bull market was a result of surging global oil demand and weak non-OPEC supply growth; the outlook has now reversed, meaning Brent prices are likely to hover at $80-$90/bbl by decade's end. 7 Comments [Energy, Global & FX]
Tuesday, March 12, 6:46 PM Surging output from shale oil fields likely will lift U.S. crude output to 7.5M bbl/day by October, topping net imports for the first time since 1996, the EIA says in its Short-Term Energy Outlook. U.S. demand last year fell 400K bbl/day to a 16-year low 18.55M, and EIA expects demand in 2013-14 to barely inch higher, as aggressive conservation and substitution measures have pushed consumption onto a new trajectory. 4 Comments [Energy, Commodities, U.S. Economy]
Tuesday, March 12, 8:18 AM World oil demand is set to grow 800K barrels/day in 2013, says OPEC in its March monthly report. That's unchanged from a previous forecast and the same as 2012. Supplies, however, are on the rise thanks to shale oil, says Compass Global's Andrew Su, cutting his forecast for WTI crude (USO) to $75/barrel. 1 Comment [Commodities]
Monday, March 11, 5:41 PM More on Goldman's buy-the-dip short-term outlook for commodities: Crude oil is attractive because of emerging-market demand, limited OPEC spare capacity and relatively low global inventories. Brent futures should continue to show backwardation, and "substantial pipeline de-bottlenecking" in North America should support WTI prices. Gold is another story: It's a flat-out short, with prices rising before falling. 4 Comments [Commodities, Energy]
Monday, March 11, 11:56 AM U.S. oil stockpiles are up almost 6% YTD and remain well above the five-year average for this time of year, due mostly to a 22% surge in U.S. oil production. Yet crude prices also are historically high, and with coming fixes to pipeline bottlenecks likely to unlock WTI’s value and Brent supply and demand still tight as Iranian crude remains out of the market, it would take a major shock for high prices to end anytime soon. 1 Comment [Energy]

Ocean Man
Nice bounces for $EFC and $AGNC. Big bounce in oil too ($UCO).
May 15, 12:31 PM
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ltfinger
Returning Upgrades (5/3/13): $PBH, $PH, $POOL, $SCOR, $SM, $TBT, $TMV, $TREX, $TSO, $UCO, $USO, $WHR
May 6, 9:32 AM
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ltfinger
Potential Downgrades (5/1/13): $SM, $THG, $TREX, $TSO, $UCO, $USO, $V, $VPHM, $WTS
May 2, 10:35 PM
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ltfinger
New Upgrades (4/29/13): $AMBA, $CACI, $CLR, $CM, $CYH, $DE, $DPZ, $ETN, $HCA, $HNT, $IDCC, $IWO, $LAYN, $LPNT, $MDSO, $RGR, $RSG, $SPN, $UCO
Apr 30, 7:22 PM
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Hypnos7
Left 0.4% on the table by failing to liquidate $UCO yesterday.
Apr 12, 6:18 PM
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ltfinger
Today's Potential Upgrades (3/12/13): $GDX, $HPY, $UCO
Mar 12, 11:16 PM
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Ryan Mallory
Oil Nears Resistance-$SCO and $UCO | http://bit.ly/Uxt6nO
12/30/12
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freefdawatchlist
http://stks.co/cDVe Weekly Outlook for Nov 5th - 9th: $DJIA, $SPX, $SPY, $DIA $SLV $UCO $AAPL $TZA"
11/3/12
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freefdawatchlist
http://bit.ly/Si9dO9 Weekly Outlook for Nov 5th - 9th: $DJIA, $SPX, $SPY, $DIA $SLV $UCO
11/2/12
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The_American
USO UNG UGAZ up LT by 2014 UCO will be approx 125+ per barrel. Canada approx 5.50 per gallon which would put the U.S. into recession XOM PBR
10/5/12
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LATEST REPLIES

sean.parmelee
Oil really struggling here. Find that difficult to understand. USO OIL UCO SCO
9/6/12
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1980XLS-2.0: that's how you know. Refining capaicity has zilch to do with oil prices. And, that's why it won't work anyway
9/6/12
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1980XLS-2.0: that's how you know. Refining capaicity has zilch to do with oil prices. And, that's why it won't work anyway
9/6/12
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The_American
SH SZYM as it has high beta and trades with USO UNG which had a huge rally. SCO UCO DIG DUG NAV appear to be trading in tandem. OIL GLD SLV
7/6/12
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stocktrend: I believe NAV it will be bought but when ,just cut my losses and make upin other stocks today but will reenter with aleast 1000 maybe today
7/6/12
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Maria Auziliadora: stocktrend check ATRS well it saved me from loosing
7/9/12
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The Berenstain Bulls
I see oil heading up soon, long UCO.
5/10/12
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The Berenstain Bulls: Big inflows coming in... http://onforb.es/J0EN3N
5/10/12
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Duke67: Look at the record high reserves. Oil should go down.
5/10/12
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mun2000
i am all in in UGLD neutral for me so far but have to say i was dead wrong yesterday with UCO ouch .Did not see this waterfall in oil
5/4/12
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mun2000: have a great weekend guys iam going to the beach 85 , pool 85 sunny stay away from this depresing market .
5/4/12
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mun2000
UCO again . Like this dip IN big
5/3/12
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Bret Kenwell: mun you playin the oil bounce too..how so? options or outright stock?
5/3/12
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Bret Kenwell
Oil is still range bound. If you want to BTFD, $USO and $UCO are available if you don't use physical futures, FWIW
5/3/12
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Bret Kenwell: perhaps the 42/44 call spread for .75 allows for a 175 payout should UCO close 44 or higher at may exp.
5/3/12
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Bret Kenwell: 125** my bad.
5/3/12
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mun2000
BP sinking again I was expecting to rally after i sold yesterday with 5% loss .DID great with UCO sold today with 3% profit one day
4/20/12
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Boatyzaffa: nice trade mun!
4/20/12
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mun2000
th same trade that i make money 90% of the time BTFD UCO dailyon every dip more than 4%
3/29/12
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TonyNed: If you look at the 60 min chart, when the RSI, and MACD go oversold and you buy, it's a pretty solid bet.
3/29/12
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mun2000
LIKe UCO,BP,AAPL,FCX here .market will rebound is election year they will ease soon China and Ben will save the world
3/28/12
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mun2000: Bough 44.44 .YEs 45 look good also
3/28/12
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Bret Kenwell: I agree, UCO and USO have bounced this level many times before. But I don't know mun, crude looks to be in trouble no?
3/28/12
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mun2000
I like the dip on oil UCO ,or oil stock like BP here despite of oil down it stay stable cat bounce with oil.of course Hilly billy have all
3/28/12
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John R. Conway: USO been getting beaten up to, and now is pulling closer to 50 day MA BP looks like a speculative buy on a bounce
3/28/12
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mun2000
WOW sold gold yesterday today back up 1% lucky for me got in BP and UCO .People drive more in the summer right
3/23/12
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jdub2788: im holding my gold, adding on major dips like this. miners are just dumb cheap. I'm sticking with ETFs to spread risk. GDX GDXJ
3/23/12
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jdub2788: GDXJ y'day @ 24.03 GDX last week avg cost $49.47. Not worried at all.
3/23/12
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mun2000
WOW sold gold yesterday today back up 1% lucky for me got in BP and UCO .People drive more in the summer right
3/23/12
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Bret Kenwell: mun, replied on the stocktalk we were using yesterday asking if you got into UCO. good job man!! :) haha
3/23/12
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mun2000
Oil to the moon .BUY UCO today early and make 3-4 % .100 today maybe Panneta news plus incredible job number rally today
2/3/12
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Hypnos7: WTI futures fading ... a lot of technical pressure against it taking off.
2/3/12
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mun2000
Enter oil again this time long UCO 38.30 look great entry in my opinion . LONG oil
2/2/12
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mun2000: With my luck when i buy oil long will start sliding more ?Check the chart past 5 days I think will bounce back
2/2/12
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mun2000
market will turn positive today they got good news ,bought the dip bought 960 sharesin oil UCO .market up 30 points today
1/6/12
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cheme: USO/UCO probably go nowhere today and end ~39 USO. Wklys!
1/6/12
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sean.parmelee: SCO all the way.
1/6/12
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UCO ProShares Ultra DJ-AIG Crude Oil ETF

UCO

ProShares Ultra DJ-AIG Crude Oil ETF