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Re: stock_peeker post# 6084

Thursday, 04/15/2010 1:09:39 PM

Thursday, April 15, 2010 1:09:39 PM

Post# of 17741
Brent Crude at >$87 cannot last much longer ...

Unemployment still keeping people off the roads ... summer coming up so vacations will increase driving, but even if the economy does exhibit mild growth, the price of oil is still TOO HIGH.

Considering a change of approach on the IACAF, ATPG, MAUXF, MILL, and PMGLF I own, as I've continue to accumulate most as they went up.

Considering treating about half my oil shares as investment shares (longer term commitment) and half as trading shares (depending on direction of oil prices).

I may decide to hedge instead with an oil X3BEAR ETF if I can find one.

GLTA, 'peeker

MILKY WAY over Devil's Tower

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