We first bought USO on the inventory reversal, sold only a 1/4 for 1%, sold a bit more for meagre profits and got stopped break-even on the move back down Meh. The second set of trades though was much better. We wanted USO closer to 32 but decided to go in on the reversal (32.77 entry with 32.67 stop) as SPY bounced on the 200SMA. We got off some very good exits, the bulk of it for over 2.2% profit (decent size/trade since stop was only a dime on a liquid stock).
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