Time to kill the oil market again.

[ziggy29]

I'm sick of watching oil and gas prices returning to speculative levels again.

Just bought some UGA in an IRA today. That ought to stop it.

 

[REWahoo]

My USL is up almost 40%. Looks like it's time to sell...

 

[Bestwifeever]

Ziggy, thanks for your self-sacrifice. But we might want to sell our house in the next year or two--could you do something about the real estate situation too?

 

[ziggy29]

My USL is up almost 40%. Looks like it's time to sell...

Two words: trailing stop.

 

[ksr]

I bought USO a month ago and it's up 22% already. I hadn't intended for it to be a short-term trade, but I'm really wondering if I shouldn't take my profits and run (or at least place a trailing stop).

 

[Rich_by_the_Bay]

I'm liking my energy fund now that I've got a 10 mpg RV to support.

 

[Moemg]

I've had Vanguard Energy fund for many years and it's been very good to me .

 

[Ed_The_Gypsy]

I'm liking my energy fund now that I've got a 10 mpg RV to support.

Go, Rich, go!

(It looks like I am back in the oil patch again in a couple of weeks.
I dirty oil!)

Gypsy

 

[NW-Bound]

Gee! When the market goes up, all kinds of stock/sector pickers and timers surface to confess.

 

[Bimmerbill]

Yeah, and its always happens right during prebuy season! I gotta buy now before it goes back up! 2.399 per gallon for heating oil. Last year I prebought at $.4.799... DANG!

 

[ziggy29]

Gee! When the market goes up, all kinds of stock/sector pickers and timers surface to confess.

I do it to be a market-KILLER, not a market-TIMER.

 

[IBWino]

I do it to be a market-KILLER, not a market-TIMER.

Hey, price of oil dropped a bit today. Thanks.

 

[Mill]

My USL is up almost 40%. Looks like it's time to sell...

I own USO and USL. Been thinking the same thing. But its such a great hedge against inflation.

 

[ziggy29]

Damn, I'm good.

 

[Notmuchlonger]

Damn, I'm good.

Think you killed the stock market too.

 

[FinanceDude]

Damn, I'm good.

Good I'll give ya..............GREAT would be a stock market rally AND oil hitting new lows..........got any ideas??