News Focus
News Focus
icon url

jerrydylan

12/19/08 1:47 PM

#22375 RE: tregaron #22374

By the way, Tregaron-what's your take on Oil right here, it's clearly in a nosedive but don't you think it's somewhat overdone? A dollar buys a gallon of wholesale gasoline...compare that to $825 gold, it does not make sense....I know the Saudi's, Venezuela, Nigeria have nothing else to sell, and some have high costs associated social programs-- but it seems like an opportunity to plop into DXO or USO , at least for a trade.
icon url

jerrydylan

12/19/08 1:47 PM

#22376 RE: tregaron #22374

By the way, Tregaron-what's your take on Oil right here, it's clearly in a nosedive but don't you think it's somewhat overdone? A dollar buys a gallon of wholesale gasoline...compare that to $825 gold, it does not make sense....I know the Saudi's, Venezuela, Nigeria have nothing else to sell, and some have high costs associated social programs-- but it seems like an opportunity to plop into DXO or USO , at least for a trade.