InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,487.03
(
0.25%
)
US TECH 100
19,430.40
(
0.14%
)
Dow Jones
38,834.86
(
0.15%
)
Brent Oil
84.56
(
-0.16%
)
Bitcoin
65,135.71
(
0.26%
)
Post# of 27200
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

originunknown

Send PM Follow Ignore
Followers 94
Posts 38269
Boards Moderated 7
Alias Born 09/02/2001

originunknown

Member Level

Re: junkyardbear post# 27026

Friday, 12/05/2008 1:14:09 PM

Friday, December 05, 2008 1:14:09 PM

Post# of 27200
$40 was my first stop with a double short ETF, but I am thinking that $30 is not impossible. However, please note that oil companies are operating at a large deficit at these prices, so expect a violent whiplash in prices. When is the ultimate trader's question.

My plan was go long at $40 initially and if that is not the bottom, buy 20-30% stake long between $30 and $40.


Don't quote me as WTHDIK!
JMO
ou
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up