If you had equal money in each when they started, you would have 8x initial investment.
I was tracking and finally did invest in both. It was working beautifully for 2 weeks. But the last 3 days have given that profit back. Oil is getting killed, but the appeal of shorting has apparently also waned.:shrug:
I'll keep it going for now, but the great trend might be over.
I like your approach Smurph--just hang tight.
Much oil oil tar sands-shale is not profitable to extract at under $60 and they will/have been cutting back--probably won't see the results till summer but in risk/reward scenerio upside way out weighs downside IMO.
Sometimes we can be over analytical. Look at it from simplist view--how many times in last decade has oil been under $40--and when it was for what lenth of time--with all the spending going on world wide for infrastructure do you expect more gas and oil to be consumed or less?