OIL

Did you know that Bahran has no oil left? The easy good oil is almost gone. In addition, we are now spewing oil into the gulf. Maybe the stop the spill or stopped the spill who knows. The one thing that is certain is this. We are going to have more goverment intervention and less oil. This is certain for higher prices.

UNG is an etf for natural gas. Anytime it is down like this morning i will be looking to buy a little.

I have made some early moves and have been patient. I ended having most of my limit orders for uco and uso made on friday. It ended up buying almost at the low for the day. If oil goes lower will keep building a position and then buying some leaps for 2012.