Who called the "top" on oil?

[Almighty Colin]

Originally posted by RawAlex@Jul 28 2004, 02:09 PM
how to make money on this?

Alex

What do you think is going to happen from here? You can buy oil futures. I never have but call a broker and ask how to buy a NYMEX contract. I think you can get in on a min contract for about $20k. Watch your ass on the timing. You can be right on the general direction and still lose your ass. I say that from experience.

Almost 100% certain of a 15% rise? Good luck with that. You can go broke listening to analysts saying such things. If they were that sure they'd invest and not sell advice.