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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: patron_anejo_por_favor who wrote (115721)12/23/2008 5:31:24 PM
From: Dave2 Recommendations  Respond to of 206325
 
>>I finally bought some DXO this morning. To me, it is a $2 call on higher oil prices with no expiration date. Based on prior prices of DXO for $60 oil, it should be a double at $60. I know there will be slippages and inefficiencies along the way with these 2x ETFs but I am just going to put it away and be patient.<<

I did the same. It'll double in the next 12 months, easily.

patron
I also bought some today, although not at as low as $2. I was beginning to feel like the Lone Ranger until I saw JT Clark and your postings.

FWIW I have been sampling in very small quantities NIO for the past month. Very nice tax free dividend and finally got above water the last couple of days.

Merry Christmas and a Happy New Year to All, the best board on the internet.

Dave