Oil Battleground
The Journal has an interesting article on the bull/bear struggle in the crude oil market. I’m underwhelmed by the bearish argument but I hope they’re right in this case and we see a pullback. I’ll be publishing my report on Talisman Energy this weekend on the website. I’ve been waiting for a pullback that never came but I managed to make a little money selling Jan 07 puts that are safely out of the money at this point. I wouldn’t mind having the stock put to me though.
More on this topic
(What's this?)
2012 Oil Price Outlook: How to Profit From $150 Oil
(Money Morning, 1/6/12)
The Five Factors Moving Oil Prices This Year
(Investment U, 1/10/12)
Congress’ Next Bad Idea Would Destroy the Shale Boom
(Money Morning, 1/27/12)

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