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Totally a biased short side opinion... » Comments » USO

  • Buying USO Is a No-Brainer [View article]
    And if you are considering buying calls or leaps, use the premium instead to buy DXO at around $2 which is an ultra ETN tracking Deutsche Bank Oil Index. If oil goes up 10%, this thing moves up 20% and so on the downside as well.

    Dec 28 00:16 am |Rating: 0 0 |Link to Comment
  • Buying USO Is a No-Brainer [View article]
    ironic, no body mentioned the free printing press the US Govt has been running over-time. With the dollar becoming worth-less every day and soon to be worthless, it is not about supply & demand any more. With the trillions being printed and distributed freely, do you think the $$$ of 1980-90 are worth the same and has the same purchasing power.

    Only likely scenario is and will be very high inflation or even hyper-inflation which will drive the price of Oil, Gold, Metals and other commodities to the moon.

    Got Gold, Got Oil !?
    Dec 28 00:12 am |Rating: 0 0 |Link to Comment
  • The Dow, Housing, Oil and Credit Cards [View article]
    "Crude prices have quickly dropped about $10 bucks since I suggested that maybe things were a little too hot there"

    Good Morning !
    Jun 07 18:16 pm |Rating: 0 0 |Link to Comment
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