To: Arthur Wildfire! March
I’m not surprised. I heard a radio caller say that storage for oil speculation costs 10% per year. It would be easy to lose money. Only the ‘Big Boys’ should try oil speculation, people who know the market inside out. And even they should hedge their investments to some degree. Well...one can make money in commodities....you just better be very disciplined in many areas. There are some "tricks" to the trade also.......
FWIW-
2,740 posted on
08/02/2008 11:20:06 AM PDT by
Osage Orange
(Congress would steal the nickels off a dead man's eye's...............)
To: Osage Orange
“There are some “tricks” to the trade also.......”
Some people think that Hellery knew a few tricks in cattle futures. Heh! Yeah, like pretending not to be in debt when you keep speculating.
2,781 posted on
08/02/2008 2:04:38 PM PDT by
Arthur Wildfire! March
(The Dum-bama Banking Committee offers free breathalysers and inhilators for asthmatics in 58 states.)
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