Trade Update: USO OIL

Here is an accounting of the USO OIL trade so far



Sold USO 25 shares @ 70.23 bought 25 shares @69.50 , profit 25*(-.73)=-18.25 or 1% loss

Sold USO 25 shares @ 68.74 bought 25 shares @70.50, Profit 25*(-1.76)=-44 about 2% loss

Bought 50 shares OIL @ 52.16 sold 50 shares @ 52.25, Profit 50 *.09 = 4.5 about .1% gain.

Should still be short 50 shares USO