Talk of The Villages Florida - View Single Post - Oil Prices Surge...Media Yawns
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Old 06-11-2009, 12:07 PM
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Originally Posted by Keedy View Post
Even here on this good forum...look what we are discussing..exactly what they want us to....Sheeples...wake-up!!!!
Keedy
Define THEY.

We can discuss oil prices if you wish. The main stream media isn't discussing it but all my financial sites (and CNBC etc.) sure are. One thing to remember about the oil surge - It is still down over 50% from 11 months ago. Too early to tell if this surge is a rally in a bear market (my bet) or the beginning of another roll to $150!

My play if I were to dabble in commodities trading would be to leverage some $50 November puts. I think the price will approach this by then due to fundamentals.

Remember - just my opinion.