In my opinion, there’s no way that the bottom is in, at least not for oil. While I hate betting on future pain at the pump, I think that it’s inevitable. With the recent dip below $90 a barrel I’m pondering going long oil.
I’ll be doing my own research, but I’m curious, is anyone long on oil? If so, what are your top holdings? Am I the only one thinking that oil prices aren’t even close to out of the woods yet?
Edit: positions- none.
100k to deploy.
Leave a Reply