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re: Oil prices and stock market

Posted on 12/15/14 at 2:52 pm to
Posted by AlexLSU
Member since Jan 2005
25341 posts
Posted on 12/15/14 at 2:52 pm to
quote:

Thoughts on VDE? Vanguards energy index? It's at a 52 wk low...


I've been eyeing VDE for a couple of months now, but I'm holding off as I doubt it has reached its floor. Here's a snapshot:





Posted by SomeGuyFromLA
Texas
Member since Dec 2014
139 posts
Posted on 12/15/14 at 4:31 pm to
Looks like the next support on VDE is in the 90's... I don't see how I could lose long term even at today's entry point
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