By InTheMoneyStocks.com on February 9th, 2010 1:32pm Eastern Time
As if the crystal ball is truly a thing of reality, Chief Market Strategist Gareth Soloway had called for a bounce off the perfect reversal day on Friday. In tune with that, last Friday he had accumulated share of UCO, the 2x long oil play along with other plays. His buy alert entry on UCO was at $9.60 Friday when everyone else was too afraid to step up. Just like always, he came to save the day by being gutsy enough to put his neck on the line. By reading the technicals he was able to tell that oil had finally flushed out.
Today, he unloaded his UCO at 10.52 for a 3 day gain of about 10%. Just another big winner in a list that of winners that goes on forever. Congrats to all the Research Center and Intra Day Stock Chat members. You are clearly all in an elite group far above the rest of Wall Street.
Join the Research Center now to get the other plays he is long!
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