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There was an old BusinessWeek cover that said: "Never buy commodity ETFs, Never buy commodity ETFs, Never buy commodity ETFs" How could I put it better?
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tmf bullishbabo
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Are you kidding? Oil is headed for $120/barrel.
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This is one of those no-brainer picks because there is no way in hell that OPEC will allow oil to stay in the 30s even with demand for oil waning a bit. You can also add that 1000% run this index has had as another reason I feel its a bit overextended to the upside, time to short away.
UltraLong
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