Thursday, April 17, 2008

Which bandwagon are we on now?

As I said in one my earlier entries, people are prone to jump on bandwagons, and I mention the oil bandwagon. Sure enough, oil was at $115 dollars a barrel yesterday. When I was mentioning the oil, it was around $100.

I wish I would have listened to my own advice, and figured out how to trade oil futures and actually placed a trade. It's still not too late, I suspect. I wouldn't be surprised to see oil at $130 a barrel by summer.

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