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Post# of 704041
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Logothetis

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Logothetis

Re: zab post# 616735

Thursday, 03/12/2009 12:14:29 PM

Thursday, March 12, 2009 12:14:29 PM

Post# of 704041
DXO trades on the future contract - not sure how many months out but I think it's August now. With the contango shrinking, future months won't be experiencing the gains the front month will be. I think the long trade in oil will be happening quite soon. I'll be going long after the OPEC meeting - likely Tuesday. Right now just trading it. USO and UCO are the ones to be in.

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