Boiler Room: The Official Stock Market Discussion

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What are you buying exactly? Futures? ETF?

Is there a stock ticker I can purchase that follows oil?

I don't mess with futures... too dangerous.

There are a lot of ETFs that track oil...

http://etfdb.com/type/commodity/energy/crude-oil/

You gotta do your research on them though because they function in very different ways.

I just trade options on USO, which tracks the daily price movement of West Texas Intermediate... understand time decay before purchasing USO stock or options. You need to read up on contango and backwardation.
 

Ohene

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i had no idea Oil was down that much yesterday :whoo:

can anymore truly negative news come out of Greece. Are they not already pessimistic enough?
 

Ohene

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ON fukkING EVERYTHING.,..fukk THE SPY :pacpsit:

shyt was up heavy in premarket and now all of a sudden its about to go red
 
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