Wednesday, January 7, 2009

Eric Bolling: "Oil Should be $75 to $80"

Watch the following video...

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So, how to play it? the tickers are (USO), (DBO) and the double return (up or down) is the (DXO).

Right now, I find it hard to be investing in stocks. Financials are out, consumer discretionary will get hit and until we know what the stimulus is, jumping into infrastructure blindly is real risky.

So, that leaves certain commodities and I think the most value here is in oil..



Disclosure ("none" means no position):Long DBO, DXO
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