Ultra DJ-AIG Crude Oil (AMEX:UCO)

CAPS Rating: 1 out of 5

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2
Player Avatar psaigal21 (79.16) Submitted: 1/7/2009 6:23:42 PM : Outperform Start Price: $54.00 UCO Score: -89.27

Holding on to this bad boy tight as soon as i can save up some more $$$ to buy it. I bought USO today at $33.50 and looking to buy UCO in the next few days as it may drop a bit further. Oil is very low right now and even if crude hits $30, it will rebound to way above 60-70 by end of 2009. Sounds like it's almost a sure bet, especially since truck sales are up these days due to the price cuts at the dealers.

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