I also thought that oil prices were excessive at $130/barrel and loaded up on DUG. I cannot justify my decision based upon investment "logic", but I don't have to since I answer now only to myself for my investment decisions. However, I am repulsed by your statement that "There can no longer be a debate about whether the excessive rise in oil futures was due to speculation or supply and demand fundamentals..." You sound like Al Gore and his position on global warming..."
-
I also thought that oil prices were excessive at $130/barrel and loaded up on DUG. I cannot justify my decision based upon investment "logic", but I don't have to since I answer now only to myself for my investment decisions. However, I am repulsed by your statement that "There can no longer be a debate about whether the excessive rise in oil futures was due to speculation or supply and demand fundamentals..." You sound like Al Gore and his position on global warming..."
Aug 18 22:21 pm
|Rating:
0
0
All Comments by Chuckhh »Recapping My Great Calls on Oil [View article]