Quote:
Originally Posted by Sauer Grapes
You can also look for an oil ETF. I have a buddy who is very big on Direxion ETFs, but they don't have a pure oil one. They do have a triple beta energy fund that is 70% into non-renewable energy. It's ticker symbol is ERX. I don't know anything about it, so please research it first.
That being said, I highly recommend an ETF as it is an easy way to diversify.
|
If only I had taken my own advice...
http://finance.yahoo.com/echarts?s=E...urce=undefined
Actually, I did place a limit order, but it never hit my buy price. Doh.