OJO Zafado

$125 Oil Not Sustainable for the Time Being

"The future belongs to the young". I suppose that applies to the young fresh faced as well. Based on the portrait published with this long winded drivel, I suppose we will count you as the young. Not out of High school perhaps when Canroys were crushed by the Canadian government proposing a two separate share class system. One for Canadians and one for aliens. That crushing killed the Canadian shareholders and the plan was scrapped. Then the Halloween massacre... Canroys are subject to great volatility due to the various and MANY risk factors they carry. The greater the risk the greater the reward. Odd that I used the 0% credit card scam back when it was zero percent. I bought AAV with the cash that Discover gave me. Back then there was no 3% transfer fee and the 0% lasted a long time. I am still getting the 0% from Discover 2 years later. It is a sweet deal margin account alright! Too many people figured out that if you ever charged anything on the credit card your 0% was out the window. Now 0% is available for less than 6 months and when calculating the 3% transfer fee, that is then 6% APR. !No Mas! That hedge is obsolete. Still you can do quite nicely if you get some good short term gains booked early in the year. As margin interest is deductible against short term gains, then you are left collecting the tax advantaged dividends at the15% tax rate. Effectively converting fully taxed ST gains into 15% taxable income. As for the poor Joe capitualating and buying this oil market I am right in there having bought the UHN and IEO after my +$600 heating oil bill came in at $4/Gal, 4 weeks ago. I am ahead over $100 in the positions and hope I do lose money as that would mean oil deliveries for next winter will not take away a Florida or Hawaii vacation. It must be the time change as no one in Hawaii can tell you whether or not the ground hog saw his shadow. It is not an acknowleged event! Wouldn't "boneheaded" worked better grammatically than "bonehead'? Why not do research and learn what you are talking about before writing an article? Why didn't you warn us that met coal was going alot higher when FDG was at $20? Maybe you were still in college playing rugby then, EH?