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Recs
Light crude at $81, (now $80) has been pinned before at about $78 per barrel. The producers will throttle if needed. World unrest at some point is likely. A downthumb on SCO is a fairly safe bet in the long run. Contango will also pull down. this could g oup 10-15% more and I'll hold my partner downthumb on it's cousin DTO for another 5% to "average" in to the "play" here on Caps. In general oil moves with the economy and with the S&P. Any upside on the S&P should generate downside in SCO and DTO compounding the CAPS play.