USO is going crazy when it closed at 100.66 yesterday, but today's rise even crazier (close at >$102). Such a historical high price won't be sustainable. I think USO will drop back to around $97 in the near future.
My limit order kicks in and cashed out most of my USO.
GLD has finished its worst correction. I am expecting another round of strong rebound.
The world of commodity ETF is having such a roller coaster ride, that it's impossible to hold anything as a gain keeper.
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