Posted by drorlando on 13th of Oct 2008 at 12:29 pm
Great question! I did the research and they were
trading Friday at price levels below when oil was below
$65/barrel. I know some are saying oil to $50 barrel, but I
do not see it.....there still is essentially a world wide
shortage. Given that I would agree with rp and if not in,
would buy on any pullback.
Check my note posted last week on the trusts, this site will let
you research with my name and subject (excellent
feature)!
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Hey Doc, are these trust a
Oil Trusts
Posted by khuck on 13th of Oct 2008 at 12:25 pm
Hey Doc, are these trust a long term hold at these prices or are you looking at a short term pop.
Thanks
KH
Oil Trusts
Posted by drorlando on 13th of Oct 2008 at 12:29 pm
Great question! I did the research and they were trading Friday at price levels below when oil was below $65/barrel. I know some are saying oil to $50 barrel, but I do not see it.....there still is essentially a world wide shortage. Given that I would agree with rp and if not in, would buy on any pullback.
Check my note posted last week on the trusts, this site will let you research with my name and subject (excellent feature)!