RE:RE:BTE on the chartI have a theory on that , See back when i was trading gold and gold names bull run from $250 to $1900 ETF's came along and sucked alot of money away from stock names. We had players from the gold bull before that, and the stock gains were insane when ETF's were not an option. Us new ETF players tryed to tell them our money is going into a Gold etfs rather then stocks, fun times. Now we can buy 2x oil stocks ETF's holding just a few cutting the rest out or even 2x just Oil 100% YTD or just a 1x Oil 50% YTD , yup ETF's suck money away from stocks. I'm moving into ETFs there goes more stock money , ETF's hmmm
fortunefavorsus wrote: If oil trades up to $120 for the year they could pay off almost all their debt!! This might be the best buy in the market. Really don't see how not already trading above $8.