Replies to post #3104 on Exxon Mobil Corporation (XOM)

[dealerschool2006]

NRGU will outperform individual companies as they rise, but will fall faster when those companies rot...oil production will come back by eoy otherwise we will see economic disaster around the world...I used to wish for oil to stay @ 40 but now I understand that gas prices haven't come down much and that as a consumer, I can hedge the high gas prices by buying low oil priced etfs like NRGU and make $$$ offsetting the cost of gas...its just like when the banks failed, like when the airlines failed, like any other industry, the cycle will rebound...I thought oil would rebound quicker than the markets...oh well...