Crude Oil Discussion Board

[TraderRich]

I know ERX already did a 10:1 RS a few weeks ago. This one isn't in the same category, but XOP is oil & gas exploration & production and it's been holding up very well through all of this. I own a couple hundred shares in an investment account and am looking to add but I'm holding off from doing anything until more clarity comes into the market. My last trade was UCO yesterday morning. Now I want to wait and see what happens. I don't think a lot of the problems are going to be resolved too quickly, so I'd rather be patient than jump in early and lose a piece of my arse. ;)