Should investors pile money into SCO during these high oil prices for the long term vision?

I have written a few posts over the past few days/weeks about the situation with oil. I still firmly believe we will see $130/150 and eventually $180-$200 oil this year. Today (03/09/2022 – oil went down 12%) was nothing more in my opinion than a blip on the radar.

I think the average Joe could make some nice gains over the mid-term (12-24 months) if they bought short oil positions by just buying up hundreds of shares of SCO (ProShares UltraShort Bloomberg Crude OilNYSEARCA).

When oil gets insanely priced I plan to buy up several thousand shares. If I had to gauge when this happens I will say oil gets to $180 sometime in May or June of 2022. That would be when you load up on SCO.

To be clear, I have positions in OILU, CVX, USO. Currently do not own any SCO but will sell all of my OILU, CVX, USO when oil hits $170 to play it safe.