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Investor's Paradise  /  Energy  /  Crude Oil Prices
Posted by: godoftrading, Tuesday, May 27, 2008, 12:47:37pm
Here is another very interesting article i found on crude.

http://zantrio.com/marketnews/Crude%20Oil%20Prices25%20May%202008,%204:25%20pm.php
Posted by: caseysays, Sunday, June 29, 2008, 9:03:44am; Reply: 1
I have started to accumulate HOD (Horizon Beta Pro Oil Bear Plus ETF). I believe the oil prices will eventually revert to the mean and drop to about $90/Bbl before year end as demand declines. This ETF returns gains of 2X the % decline in crude Nymex 1 Month future price.
Posted by: caseysays, Tuesday, August 12, 2008, 1:42:02pm; Reply: 2
Well, Crude prices declined from $147 to $114/Bbl (22%) so far so HOD has increased over 40% during last 6 weeks. I took some profit and expect a short term bump up in crude. Nothing goes straight up or down.
Did anyone else get in on the HOD profits? :B
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