Home > Investing > is crude is best oppurtunity to buy at this level, in future trading ?

is crude is best oppurtunity to buy at this level, in future trading ?

March 6th, 2009
futures trading
MURLI KHANDELWAL asked:


crude is quoting at lowest level of six month

DURRETT
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Investing

  1. zyberianwarrior
    March 10th, 2009 at 07:04 | #1

    well I don’t recommend futures trading unless you REALLY know what you are doing. But with N. Korea wanting to see mushroom clouds up close plus five of their soldiers entering the DMZ the Asians markets are due to tumble. As for Oil Iran is the key player but they seem to be ok for now. Personally this is not the time to buy oil (and if you do I recommend ETF’s like DBC or DJP).

    I would wait and see what happens.

  2. Garrett J
    March 12th, 2009 at 13:30 | #2

    No, it is going a little lower. Wait until the OIH the oil ETF is at around $115 then buy. That should be the bottom.

  3. Masterjee
    March 14th, 2009 at 19:57 | #3

    The weather forecast think it doesnt rain.
    The weather forecast think it should be provided it should be provided it doesnt rain.

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