Discussion in 'ETFs' started by Buy1Sell2, Nov 24, 2017.
Looks much higher. I'm in at 93.13 and will review for exit if we close below 90
Long term trade here. I believe prices will trend a lot higher.
Why VDE and not XLE?
One of my accounts is with Vanguard.
XLE has better liquidity, maybe you don't care that much about it if it's a long term trade, but with XLE, you can sell options to hedge your position.
Long term so concerned with liquidity. Thanks for pointing as I am not the only reader.
94.42 currently. Staying long here.
We've fallen to an area that I would look as support. 93 to 93.50. Last print was 93.52. I look for buying to step in in this area for the next push higher.
EIA reported a huge gasoline build and despite a decent crude draw, the report was overall bearish. Oil near the high of it's range and we might not see much strength in oil until early next spring.
Buying did indeed come in the area described. We are at 94.59 right now.I'll hold long here.
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