If he is right, my portfolio will go right through the roof. I also purchased a bunch of oil etf's a while back (unleveraged) and will most likely sit on that for a while longer. If oil hits past $65, I am back in the green again!!!!
Lets not forget this guy is an oil guru and an oil fanatic. But its no surprise to anyone that without further exploration, production will come to a dramatic shortfall and prices will increase violently. If you can hang on for 6 months - no way you will lose
great for my portfolio
Date: 05.14.09 Posted by: James Thompson
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replyIf he is right, my portfolio will go right through the roof. I also purchased a bunch of oil etf's a while back (unleveraged) and will most likely sit on that for a while longer. If oil hits past $65, I am back in the green again!!!!
Re: great for my portfolio
Date: 05.14.09 Posted by: Johnny Mac
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Lets not forget this guy is an oil guru and an oil fanatic. But its no surprise to anyone that without further exploration, production will come to a dramatic shortfall and prices will increase violently. If you can hang on for 6 months - no way you will lose