Brent and WTI Spot and Futures are set by traders who like everything to go up and down so they can make money. I consider and use UWTI/DWTI as day trades only and I don't care where PPS moves as long as it keeps moving. The nonleveraged USO might be a better long term hold than UWTI but only slightly so.
Did not go Linn to CHK . Never held LINE but occasionally traded Options when she tanked. And it's none of your damn business how I invest my money!
MCC , FSC and KCAP have all had a Divy cut and a correction. All three have a upside in addition to yield.
I did buy a little CHK because they have cash and pay a very small Distribution plus Uncle Carl added a bunch of shares.
Linn Energy,s chances to survive the downturn is increased. But the profits will go to lenders for a long time. Not a stock I wish to invest in at this time.
Some Blue. Chips thar yield 3% are considered high zyield by many. The yielders that aren't in conjunction with a Capital Gain will be hurt as interest rates rise and compete with them.
BOO HOO HOO !!! Try This, when it goes way down, buy some and when it goes up, sell some. If that does not work for you sell and but a US Savings Bond.
I did not say load up as hall ! Time to buy some and hold and perhaps trade a bit. I care less how much shorty gains or loses, i only care about me. You are welcome to do what you wish.
jimcooper, Someone who is not familiar with you would be impressed by one of your lead posts. But someone who has been around the block who reads a number of your posts can tell you are a "fruit cake". Shoe me the money!!!! Suit them,send me a check and i will give you more credence.
Blue sky, If you are in CHK at this level you should not have a worry. Trade a little on highs and lows if you wish but no need to worry. What if shorty pushed the price to $10? Buy a bit to sell later if you wish . For day trading WTI the leveraged do 3X ETF UWTI/DWTI work great. CHK would be a boring day trade for me.
Push !! ? . what do you mean like a bowl movement? This is a long term play on petroleum. If you wish to day trade UWTI and DWTI will work better.