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Vanguard Energy ETF Message Board

  • gcamp67 gcamp67 Dec 21, 2010 10:31 AM Flag

    Stay long VDE

    A long position on this ETF is a good play for the following reason:

    Brazil, India, China, and Emerging mkt countries are industrializing. This means the demand for the lifeblood of their economies will be crude oil. Not only for its use in powering autos but the countless other uses of it from plastics, paints, etc. Yes, it's true Brazil does not need crude for its autos due to their resource of ethanol but they need crude for the other uses.

 
VDE
133.62+1.19(+0.90%)Apr 17 4:00 PMEDT

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