Still Like SCO

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It's been an odd day, to say the least. For myself, I've got a few longs (but only one really big long – DIA – strictly as a hedge), a ton of little shorts, and one "ultra" ETF, which is SCO, the ultra-bearish-on-crude instrument. I had good success with SCO last week, and I re-entered today at 12.85 with a stop at 12.56.

0322-sco