I didn’t want to chase the USO...it’s a complex ETF.
I HATE that this is happening but what do any savvy FReepers suggest to make a few bucks in the situation...even if we shouldn’t pull the trigger yet?
YES, I would rather make nothing and have things as they were. But I have no such power.
So...
This is the first ever intentional depression.
I hope you didn’t have any USO - that thing is (was) a billion dollar scam. The shorters got very rich this week.
I’m not giving you advice, but I have PDCE, performing nicely and has the cash and credit lines to ride out the storm.
Your mileage may vary...
Refer to etfdb.com