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#11
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I have been dabbling in an oil fund called USO. It's an ETP, exchange traded product. It was down 25% yesterday to lowest it's been in several years. I think it closed in the 6.50 range yesterday. It's a way you can follow the market without having to pay what barrels of oil cost.
For the last couple weeks it has been down more than the stock market and really took it on the chin yesterday. When I first got in to it, the price was in the 10 to 11 range. Seems to have days it moves quite a bit
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Bill |
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