USO and UCR

The market is currently up ahead of the Fed decision and in light of recent market activity it is all but certain the Fed will lower the interest rates once again a .25 point. Last night I wrote on the blog talking about two Gold ETF's that can stand to profit and this morning I am writing about two Oil ETF's that can stand to profit. In the past two trading sessions oil has retraced a bit due to the surgence of the U.S. dollar. This trend may reverse to day if the FED does what just about everyone on Wall Street has priced in a 25 bps cut. I am using a limit order at 36.00 on UCR to buy on the dip from yesterday awaiting the FEDs decision.