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

To: Kayaker who wrote (117818)	2/16/2009 11:45:10 AM
From: The Reaper	Read Replies (1) \| Respond to of 206328

Thanks K, that is a great find!

To: Kayaker who wrote (117818)	2/16/2009 12:12:37 PM
From: tom pope	1 Recommendation Respond to of 206328

Here's something from Seeking Alpha. The guy is a professional investor? Anybody else notice the divergence between the price of oil and the ETF that tracks oil (USO) towards the end of the week? These two charts should always trade in tandem, and they normally do, but there is some recent strength in the price of oil and USO hasn’t joined in the party yet. While I don’t have much of an opinion as to what should happen, I think it’s important to note and be wary of any position you may have in this trade. Whenever I can’t explain the action of a position I’m investing in, I steer clear of it altogether.

To: Kayaker who wrote (117818)	2/16/2009 12:38:29 PM
From: couldawoulda	Respond to of 206328

bottom line is HOU and USO are good trading vehicles for 2 1/2 weeks out of every month, and then it's best to step aside while the oil market is in contango. These 2 1/2 weeks happen from the date of the contract switch to when they start selling current months and buying front months - generally 5 (USO) to 9 (HOU) business days at the start of each month. Tracking front months are obviously just as important as current months. If front months are priced lower or near to current months, then holding them is not necessarily a bad idea. These next two weeks leading into the 2nd week of March will be good for these ETFs I'm thinking.