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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: couldawoulda who wrote (117753)2/13/2009 12:02:55 PM
From: Kayaker1 Recommendation  Read Replies (1) of 206131
 
Thanks. Big volume in HOU these days. I hear a number of the "professional money managers" (guests) on BNN responding to callers..... saying that HOU is a decent way to bet on crude prices. I doubt most folks have any idea what a beating they'll take. Shorting HOU has been the best idea I think. Crude goes up, you still make money! Even HEU has substantial deterioration over short periods of time.

I'm pretty much done with them, except for a possible day trade. No holding overnight. Otherwise you get 'rebalanced' into the toilet for their daily flush.

Almost time for another HOU 5:1 reverse split!
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