Parisian Family Office, CEO. Started Wall Street, '82. Drexel Burnham alum. Founded Chippewa Partners, Native American Advisors, '95. Chippewa, raised on reservations. Conservative. NYSE/FINRA arb. Pureblood. Independent insight. Trading in a world on a social media dopamine binge, from GHOST RANCH on the Yellowstone River in MT, TN estate, PAMELOT or CASA TULE', his winter camp in Los Cabos, Mexico. Play by my rules. Always been, will always be, an optimist.

Thursday, May 03, 2007

Shares of USO................

I bought into the ETF story early on. So far so good with the love of my financial life, the equal-weighted RSP, doing what it's supposed to do.

All is not rosy in love nor in the financial markets. I’d like to think I was hood-winked in shares of USO. Contango has pinned me down so far, can backwardation bail me out?

Maybe there’s a quick meal here for me. The fund manager said I should have read the prospectus better.

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