- Sep 4, 2005
Yea, I started "paper shorting" USO when it was at $92 per share, it closed at $53 per share today...too bad I didn't have any extra cash back then...Originally posted by: Skoorb
Yeah he was literally a mere three weeks early. I was pretty sure oil was going to bust, but I wasn't sure when. Over the many months it had been ballistically insane, I'd say that three weeks early is extremely close to calling it. The top was 147 but only for a very short period of time. To have sold at 130 or more was pretty close to perfect.Originally posted by: JD50
You should take a look at the date on the OP, and see what the price of oil was at that time.Originally posted by: conehead433
Sound just like that dumbass Cramer telling everyone to sell when the market is almost at it's bottom. Just wish I had tons of money right now to pour into the market.