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Is it time to buy USO?

oldgaranddad

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#2
How low will tptb let oil go??
Until the Saudis are drowning in their own muck and mire.

Loss of buying power equals loss of power.
 

gnome

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#3
Wait til plane travel begins again. It's all but shut down worldwide.
From both auto and air traffic, the amount of pollution around here is dramatically decreased.
 

ttazzman

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#4
its still go some downside left ......glut oil....glut gas...coming soon in my opinion.....
 

foolsgold

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#5
LOL anybody that buys anything before the employment numbers are announced and digested in April are fools of the first magnitude.
 

GOLDBRIX

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#6
its still go some downside left ......glut oil....glut gas...coming soon in my opinion.....
Cen. KY we already have $1.799 Unleaded. SAM'S CLUB has $1.559.
I haven't seen gas this low since the Oil Embargo Days.
 

Voodoo

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#7
This oil drop tells me those in the know see a systemic change. IE new technologies. So I would not be buying oil. I do own a mid-stream pipeline company but I am regretting that for now. I don't see being able to ramp up these potential technologies that quickly and still have to feed our cars and heat homes for a while.
 

Mr Paradise

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#8
LOL anybody that buys anything before the employment numbers are announced and digested in April are fools of the first magnitude.
I’m up 30% in TSN in 10 days.

There’s opportunities in this chaos. The minute they roll out orange man and Pelosi to announce a bailout agreement has been reached the DOW could jump 3000 points ....meanwhile your trying to time the market.
Obviously there’s industry’s I’d stay away from at the moment but some industries look attractive IMO.
 

foolsgold

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#9
I’m up 30% in TSN in 10 days.

There’s opportunities in this chaos. The minute they roll out orange man and Pelosi to announce a bailout agreement has been reached the DOW could jump 3000 points ....meanwhile your trying to time the market.
Obviously there’s industry’s I’d stay away from at the moment but some industries look attractive IMO.
Have fun in the casino, I am to old for that sh!t.