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United States Oil ETF Message Board

  • dublucash2004 dublucash2004 Nov 2, 2012 4:03 PM Flag

    Bought some Oil, Silver, and Oilies at the Close

    Too tempting to sit this one out. Picked up Oil, Silver and an oil major at the close. I will hold until the election results and add more if it dips any further. Should see a pop if Obama wins (the Bernank stays) or if Romney wins (better for business). If nothing else, it removes uncertainty. Europe was back in the headlines, but that just means another chance for them to kick the can.

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    • Cashed in my chips today at the close with a nice gain. Not that there is a lot of uncertainty on the election results, but I'd rather put my money in my pocket than let the algorithms play with it. No real surprise oil is up now that the election is over. I would be certain it will go higher, but the Greek vote and the Fiscal Cliff still hang over the market. Even a Romney win and Chinese leadership change could cause some concern. Back to all cash, sitting and watching for opportunities.

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