The Good, The Bad, And the Inaccurate Oil Forecasts [View article]
I just started a position in oil (UCO) and I would expect it to be pretty stable at this point. The downside like some mentioned above is present but less than the upside possibility. With the need to stimulate the global economy as a whole, I don't think the downside is really important at all.
If the wall street analysts are just using models to chart numbers by plotting lines, I think college students can give an equally capable number. The use of models without science is just ridiculous with the amount of money they make to make insightless recommendations.
The Good, The Bad, And the Inaccurate Oil Forecasts [View article]
If the wall street analysts are just using models to chart numbers by plotting lines, I think college students can give an equally capable number. The use of models without science is just ridiculous with the amount of money they make to make insightless recommendations.