I just explained to a member that I was preparing a post for USO on what I thought was a likely bounce, I had the screen captures of the charts and in looking at all of it, I decided against the post at this time. There's not enough hard evidence in my opinion to post something that people may act on. However, I also told the member that if it were a coin toss, I'd be leaning toward a USO bounce.
When the charts and evidence are more compelling-either way, I'll update USO. I'm not one to give opinions based on instinct or assumptions, I like hard evidence and I'm sure you would prefer that as well.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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