Post by
TristinIV on Mar 16, 2015 3:05pm
upside
i see nothing but profit from here on.
even if oil hits $40 this is still a great entry price, at 3x oil only has to hit $60 or just above that to double your money. Oil will get there this year, probably by mid summer. it will bounce around lots too though.
I am all in at this price $2.07 US, or 2.65 ish CAN. I know it can drop and probably will, but he upside is too great not to get in here. plus its a little less stress free to just leave it in and look at the oil price once a day instead of trying to flip for pennies all the time.
Comment by
bogi on Mar 27, 2015 1:25pm
I just looked at this the 1st time because I read Martin Armstrong's article today ...wow . He even talks about oil at 89 but like you said oil at $ 60 - $ 70 would be something else ....oil needs to close above $ 54 ....... https://armstrongeconomics.com/2015/03/27/markets-in-review/