United States Oil Fund LP (ETF) (AMEX:USO)
The Fund is a commodity pool issues units that may be purchased and sold on the American Stock Exchange. It engages in the speculative trading of futures contracts and options on futures contracts.
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$100 oil?
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Oil has come down significantly, but demand from China and India hasnt slowed that much and will only grow. And if there is another middle east "problem", oil will soar.
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Oil has sold of dramatically the past weeks. Buy and keep on buying down. Middle East uncertainty has not gone away. Take this as an opportunity to buy all the way down and then wait for the ride up!
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