Oil – Balistic move into summer of 2013

April 7, 2010

Get ready to see oil taking off far beyond 2008 high ($147). Inflation on the rise will fuel this move in my opinion. How far it may go ? My guess is $300 area !!!

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ETF Watch – Proshares TBT

April 3, 2009

One  of my favorites  TBT – Proshares Ultrashort lehman 20+ Treasury.

There is real danger of HUGE SELL OFF of US Treasuries and buying TBT is one of possibilities to take a part of this potential balistic move.

tbt