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Bottom in crude?
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Jesse1234
Posted 2/15/2016 15:54 (#5113479 - in reply to #5112989)
Subject: RE: Bottom in crude?


Not to sure if it bottomed or not . I do think oil is a really good buy here though and if it goes lower it will make it even more of a buy. I usually try to stick with index investing (only the s and P), but couldn't resist with all the deals on oil companies out there. Started buying XLE in Nov (it was aroun $67) and continued buying until last week (it was $52). Have a good position in it now averaging $58. Im going to stop buying for now and wait and see what oil price does this week with this news that's coming out now. If it starts sliding again I will resume buying . Looking to hold it for at least 5 years. As you can see Im not good at timing!
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