Discussion in 'Stocks' started by apitrader, Feb 18, 2009.
Bubble, where is the bubble?
I have to agree, some of these inverse etns and etfs rally so much that you can just feel that a drop of great magnitude coming. DTO has had just an incredible run, it has pulled back here and there but it seems buying on any pullback was going to make you money, I am not bullish on oil but looking at DXO and UCO for the long term I think you could make some money, oil will bounce eventually but no need to place your bets on $100 oil anytime soon, even $75 oil seems like a far fetch anytime over the next 3-5 years. I think a trade back to $50 oil seems more reasonable.
google was no bubble
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