I had purchased 800 shares of DUG on 1/29/2010 at $12.09, and sold them on 12/26/2010 at $12.82 for a .73 gain for a net $564.02 on the trade.
Saturday, January 30, 2010
Buying Back Oil Trade by Selling DUG - $564.02 Gain
Oil fell as expected, and the price action of the USO etf reached support. I aim to stick with the trend, and as of now, the trend is still up which means it is time to let this one go.
I had purchased 800 shares of DUG on 1/29/2010 at $12.09, and sold them on 12/26/2010 at $12.82 for a .73 gain for a net $564.02 on the trade.
I had purchased 800 shares of DUG on 1/29/2010 at $12.09, and sold them on 12/26/2010 at $12.82 for a .73 gain for a net $564.02 on the trade.
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