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- 14 December 2010
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Thanks mate I'll take a look
How to buy oil?
- Thread starter jjbrisbane99
- Start date
- Joined
- 14 December 2010
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Been following closely.
I purchased $10,000 of the OOO ETF on the ASX @ 2.90 (as mentioned previously in the thread).
I had bought an additional $5,000 @ 2.93, but later decided I didn't want this much exposure, and sold it at 3.53
Now it's around 3.85 and should continue up on Monday following the WTI performance Friday night.
Watched closely and saw the super contango disappear.
With WTI at 39.55, I'm expecting some consolidation from here.
Will continue to monitor closely.
I purchased $10,000 of the OOO ETF on the ASX @ 2.90 (as mentioned previously in the thread).
I had bought an additional $5,000 @ 2.93, but later decided I didn't want this much exposure, and sold it at 3.53
Now it's around 3.85 and should continue up on Monday following the WTI performance Friday night.
Watched closely and saw the super contango disappear.
With WTI at 39.55, I'm expecting some consolidation from here.
Will continue to monitor closely.
