Replies to post #56 on Direxion Daily S&P Oil & Gas Exploration & Product (GUSH)

[Sgreg]

XOP could definitely hit $40. Fact is it should be around $35 right now with oil near $54. Regardless XOP will jump back over $30 for sure. To me that is a slam dunk so I'm expecting that minimum and that would put GUSH back at $10 or so. That is the low hanging fruit. Much more then that is very possible however IMO.