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re: Is "smart money" piling into oil once the calendar flips to January?
Posted on 12/27/15 at 10:03 pm to C
Posted on 12/27/15 at 10:03 pm to C
quote:
buy it at $35 when it very well may be at $25 in 6 months?
This could happen, but at the same time the S&P 500 didn't do so hot this year either so a buy and hold for oil really wouldn't be giving up much opportunity cost if it takes another year for oil to recover and the S&P lags again.
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