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Old 12-10-2014, 12:37 PM   #4620
scho63 scho63 is offline
Politically Incorrect
 
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Join Date: Feb 2009
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Quote:
Originally Posted by Discuss Thrower View Post
So how do I make money on knowing oil is going to spike back up to $90+/barrel in the next year or so?
It will not.......save your money. This is not a short term trend.

You could buy oil drilling or refinery stocks or an oil MLP. If you really want to lose all your money buy or trade CALL options on Oil Futures. Unless you have a net worth of $1,000,000 and tons of experience, you better not play the futures because you can lose a lot MORE than just your original investment!
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