Oil will trade within a narrow ranges between $19.50 to $24.50 for a long while, until then either oil will breakout that $19.50 or $24.50.
It is very very tough to make money within this narrow ranges.
Having said that, it would help gold stocks sector, as energy cost still high above that $19.50, you see.
Strategically, the best way to make money is buy gold stocks like WRM. There is no other way, folks.
GTR will follow Dow or Nasdaq, oil in narrow ranges, only gold are still young bull so to speak.
GTR down she went to $3.75, down again GTR $3.50, down again, below $3.00.
John Paquet |
