I don't want to talk about itthe pain still hurtsHow?
Explain
I'm new and want to learn everything
I don't want to talk about itthe pain still hurtsHow?
Explain
I'm new and want to learn everything
Hope so because I hopped in at 5.20
Positioning in oil getting pretty bullish
Where are you investing in oil?
Price is up to 39 today.
I shoulda jumped in at 30
Well I would buy energy companies not directly invest in oil. The problem becomes if oil starts going up a lot of these oil rigs get turned on and start pumping again putting downward pressure on prices. Its hard to say when to jump back in.
I said before id like to see a good upward trend before I jumped back in which we are seeing now, I just think it went a little too far too fast. Hard to time the market, man.
What about oil futures?
At 30 a barrel the risk seemed pretty low. How much worse could the price get?
I would agree. I don't think there's much downside risk below 30.
Where can i get those options/futures?
Where can i get those options/futures?