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Trading UUP (US Dollar Bull) Options
Patrick
Posted: Friday, August 07, 2009 1:37:37 AM


Rank: Admin
Groups: Admin

Joined: 4/25/2009
Posts: 74
Points: 200
Location: USA

I have been sitting on UUP (bought on a bullish divergence on the daily chart) U.S. Dollar finally started to rise, if it continues it will be time to but some puts or trade short OIL DDG ETF.

What has seemed strange to me is that the dollar really tranked, but oil barely rallied. I know that there is a big stock pile of oil but it seems it should have gained more that it did.

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Posted: Friday, August 07, 2009 1:37:37 AM
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