More pain to come! We will see 30s soon. And then how low, how long - who can say!
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Haha. I heard $50 from my manager. We'll be hearing $40 soon enough.... when it's trading at $30...
I'm sorry, I'm confused. Pickens said 70 by year end and in ETC's town hall the VP said 60. Has this not gotten out to the public?
You have to short big to make a difference. And you have to be right. It is gambling with your money.
I already did! Smart advice.
I'm currently short Nymex crude, and the technicals say it's going to drop further. I hate listening to the investment pundits on CNBC and Bloomberg, but this guy thinks crude is going down to 15 to 20. http://video.cnbc.com/gallery/?video=3000406424
My suggestion..start shorting crude and buying put options on UCO if you get laid off.