jjc7477

USO: Is a Probable Capitulation in the Works?

Ok Mark,

What gives? Here is your posting from the 25th article titled: "Buying USO is a no-brainer":

'Time to try and catch a falling knife: I usually don't recommend trying to pick a bottom, but with USO's extreme oversold condition, it is a definite buy at these give away levels. The shares have simply dropped too much in too short of a time representing a more than compelling opportunity. IF USO continues to fall, I would simply buy more to dollar cost average. The upside potential simply dwarfs the downside risk at this juncture. I suspect the downside potential is about $5, while the upside is more like $30.'

and now your posting from above:

'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'.

If these two articles were more then four days apart there might at least be some reasoning to support the contrary positions, but now it just makes me question your credibility. Which way is it: buy now or wait until later???