I believe now is the time to invest in inverse oil etfs. Oil should not be this high right now, it tends to get around $75/barrel and dip to the mid 60s time and time again. I’m planning on Monday investing $6k into DRIP. Almost certain oil will begin to slide and will exit my DRIP position when I’ve made my 8% profit, which would only require oil to dip to $72 in under 2 weeks (factoring in decay). Tell me if this idea is going to cost me or make me money?
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