I bailed once I saw the writing on the wall …
Oil fell below $80, and the static between the U.S. and Saudi Arabia was amplifying. Something sketchy was going on, and I wanted no part of it.
That's not to say I ran out and jumped on the short train. Although I wish I did. The VelocityShares 3x Inverse Crude Oil ETN (NYSE: DWTI) would've been one hell of a play. Could've turned $25,000 into more than $100,000 in about two months.
Now maybe that ship has not yet sailed. Some say we could float around $40 for the next six months.
I don't know if that's true or not, but I do know one thing …(more)
Please share this article
Oil fell below $80, and the static between the U.S. and Saudi Arabia was amplifying. Something sketchy was going on, and I wanted no part of it.
That's not to say I ran out and jumped on the short train. Although I wish I did. The VelocityShares 3x Inverse Crude Oil ETN (NYSE: DWTI) would've been one hell of a play. Could've turned $25,000 into more than $100,000 in about two months.
Now maybe that ship has not yet sailed. Some say we could float around $40 for the next six months.
I don't know if that's true or not, but I do know one thing …(more)
No comments:
Post a Comment