|
|
Are you sure you want to report the following content as a violation?
|
|
|
|
I hear you Ernie and you certainly don't have to worry about your job security. However, the contrarian in me says this $130+ crude is a bubble that is about to burst. Let's see what demand destruction and profit taking does to the market. I'm going out on a limb here but I say come Monday morning and this next week we will see crude oil on the NYMEX trade substantially down. I put my money where my mouth is and made a bet on just that this past Thursday buying DUG. If I get bit I'll have a lot of company because there is a big lopsided trade on the short side of crude right now. Anyway, it's a lot better odds than Vegas will give you. After we give crude a big haircut I'll be back with you on the long side as the dollar fast becomes the Peso.
|
|
|
|
Please check the following violations, and include anything else in the comment box. |
|
|
| Comment |
|
|
| Captcha |
|
Please enter the text from the image above
|
|
|
