Thursday, May 29, 2008


Well, i made the mistake of not watching my holding again... so, in the interim i found my wishing i kept V. USO was a bad deal, as i knew it was a reach. I should have waited for my entry point which was <100.

V was such a great opportunity to strengthen my position. Sadly i didnt and sufferred the consequence.

In the end i basically erased all the gain from V, and gave it back to the street through USO.

There is still a weird feeling about oil going higher though. Yes the hype on oil did leave me worried as to whether i should even be in it.

I will re-evaluate positions by the weekend. I definitely am an investor NOT a trader.

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