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re: Thoughts on RIG?

Posted on 2/4/15 at 4:59 pm to
Posted by Ole War Skule
North Shore
Member since Sep 2003
3409 posts
Posted on 2/4/15 at 4:59 pm to
I'm buying XES, an ETF of oilfield service companies...won't have the pop RIG could, but I'm more interested in making the industry play than 1 company.

XES and RIG are pretty closely correlated, less downside, less upside though. XES vs RIG

anyone else in this?
This post was edited on 2/5/15 at 4:59 am
Posted by thatguy777
br
Member since Feb 2007
2386 posts
Posted on 2/4/15 at 6:22 pm to
I have been eyeing XES since this whole oil debacle happened. I will start to buy XES soon, among others, but most likely the only oil services type stock that I will buy.
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