Short Oil Etf I Am Betting On Oil ETF's. What Do You Expect To Happen To Oil Prices In Short And Intermediate Terms?
I am betting on oil ETF's. What do you expect to happen to oil prices in short and intermediate terms? - short oil etf
Please be reasonable.
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4 comments:
I hope you lose. We have huge reserves of oil and earn more, every week. The economy is not strong enough to win to take the oversupply and price pressure. And not just for a moment longer believe. I think it was a bear market with excessive optimism on the stock market and the price of oil. In the long run it will be a steady increase. But likely in the short and medium term, I think, is to retire. Perhaps a new low for the decade. Oil is cyclical. Among the supplies transferred to demand high prices, which in turn brought enormous supplies that we have. And do not think that this plays itself but due to low demand, we have now. One day to invest again. Supply and demand for oil will always hear, because it takes some time after a price increase, the orientation of production and exploration. Then we get a large number of exploration and production, and collapsing, as happened in the last 8 months.
In short, if something happens. GM is on the verge of bankruptcy, you can the stock market, where falling interest rates, the negative mood of use, which is generally the price of oil down.
Intermediaries, I doubt very much that the rest of the year. The economy is showing signs of growth. However, it is likely to trade sideways for a while. Long-term (18 months) is not large.
Summer is coming. Traditionally, the oil price increases during the summer months, and no hope this year is different, even though the economic climate has changed. Energy prices will feed has increased the gas pumps. Hey, I did not say he was right, it's just the way it is.
In http://www.mutualfundwealth.com/-je publish weekly updates of the most successful global market. Energy was among the leaders lately, but hopefully soon. Stay tuned.
Although I am not a professional analyst by any means, that's what I think. Again, this is only my opinion and in no way be considered to be a sound investment, you consult a professional before investing in the markets.
I think you'll find that oil stabilizes at $ 30 - $ 40 per barrel due to the intensity of the decline in OPEC and a slight recovery in demand due to the recession, which is to end in mid -2009. Therefore, I suggest you buy United States Oil ETF (USO: 32.29 -0.20 -0.62%) (oil tracking ETF). I think we're ready for a long term investment. In the short term, but oil is always at this price.
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