I agree with you about being bullish on oil. I also don't think you were unreasonable going long at the price you did. Just be prepared to hold through a pullback. We had a big selloff a few days ago, and may have a bit more downside. There's alot of 'analyst' type guys on here that write BLOBS of information, but at the end of the day, it really doensn't matter what you do if you can make money. I'm curious what are your thoughts on MRO & HES. I'm thinking going long both of these eventually.
Dang I just loooked at this position, I have been in dow mini land alot today, goooooooo crude gooooooooo I am selling one of three contracts right now 66.30, thanks I will continue to monitor it.
Aminta sees a peak in crude no later than early May that sets up a double-top again at the $68-$69 area. http://www.amanita.at/e/e-new.htm