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Looking To When Oil Rises Again

By Tim Melvin

About this article:
Having spent the better part of the week between the rivers, I am now back on the island. I hopped in the car this morning and drove down the turnpike listening to financial news radio most of the way. One thing is obvious from the reports and the market prices: I have been really, really wrong on oil. In the long run, I think I will be proven to be just early, but right now I am wrong. I had meant to buy oil as it neared $40, but have been away from the computer the last several days during trading hours and never put the orders in to buy the U.S. Oil and U.S. Natural Gas exchange-traded funds. If oil is down again today, I am going to consume a good quantity of antacid and make the trades. I will probably add U.S....

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