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re: Oil stocks...are you buying?

Posted on 7/30/16 at 9:21 am to
Posted by KeyserSoze999
Member since Dec 2009
10608 posts
Posted on 7/30/16 at 9:21 am to
I play the etf ERX regularly and have been dabbling in RIG lately, I think the time is soon to load up(late August) after the correction. My technical analysis tells me it's gonna be a tough couple of weeks for the S&P coming up, I'm expecting a nice weekly drop this week, fwiw, just a warning
Posted by TigerDeBaiter
Member since Dec 2010
10277 posts
Posted on 8/1/16 at 11:04 am to
Oil tanking. Again.

Nothing seems to be able to stop the market madness though. I guess when you have the BOJ outright doubling down on directly buying stocks (ETFs) it's not too suprising. Crazy times.
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