Langlui's Big Board and Options Plays

[TechKim]

UWTI? I would tend to believe $60 a barrel is the recovery price for the time being. Unless someone blows up Saudi Arabia. I do not read anything that might increase oil prices. When prices go higher. More secondary producers open their wells.

Of course having a stated opinion one day can turn quickly the next day into another opinion totally opposite the following day. On the short term though, that is how I see things.


I played a little UCO before the reverse split. Made a few small dollars, but I have not dared to venture near it since the reverse split for the time being.