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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: jim_p who wrote (15877)2/26/2009 6:29:39 PM
From: Jillad1 Recommendation  Respond to of 50248
 
jim_p, so basically trade in and out of DXO and accumulate free shares for the inevitable rocket of oil back to $147 and higher?

I don't think it is a matter of "if" oil gets back to the $150 range but a matter of "when". In my opinion, when the oil train comes rolling in, if you haven't already purchased your ticket, you won't be catching a ride. Especially since Russia's new agreement with China, that's a lot of barrels that won't be on the open market.


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