Comments on: Crude Oil Prices: The Best Way to Play the Coming Oil Rebound

By: Matt Forrest

Matt Forrest — Wed, 03 Jun 2009 14:29:49 +0000

It seems Mr. Fesslers play on rising oil is playing out well, even as a long term trade;) Normally double leveredged etf’s/triple leveredged are used short term/as a hedge to other exposure.

Playing PBR is another way to play it, with less rist on the downside. Great article.

By: Dan

Dan — Wed, 27 May 2009 07:01:59 +0000

What is the latest On the BAKKEN I got money invested in NOG they have the pipe lines Look foward to hereing from you Thanks

By: Stock market investing | Corporate Takeovers: ‘Once in a Lifetime’ Investment Opportunities - Contrarian Stock Market Investing News - Featuring Bargain Stocks

Mon, 04 May 2009 20:22:58 +0000

[...] the price of oil rebounds who will be in the best position to prosper? Clearly, it’s Patterson. That forces Nabor [...]

By: Darrell Tope

Darrell Tope — Sat, 02 May 2009 21:48:33 +0000

Apache Corp. (APA) is NOT a drilling stock. They are a large, independent oil and gas exploration and production company. As such, they PAY the drilling rates charged to them, NOT set the drilling rates. Mr. Fessler’s opinion definitely lost any credibility with me.

By: RaoB

RaoB — Fri, 01 May 2009 13:37:19 +0000

Dave is right, Leveraged funds do not make sense for most investors and are certainly not a long-term investment. If you want to use them, you need to match holding them to the time frame they are supposed to double up or down in (in most cases daily, in some commodities funds, upto a month)– using them for longer terms, you loose more money than simply investing in the regular index fund.. http://www.morningstar.com/cover/videocenter.html?bctid=18862653001&lineup=etfs explains some of this (watch both part 1 and part 2).

I’m surprised that Mr. Fessler does not respond to Dave and correct himself.

By: If oil rebounds…. | Stock Capitalist

If oil rebounds…. | Stock Capitalist — Mon, 27 Apr 2009 22:14:09 +0000

[...] ORIGINAL ARTICLE [...]

By: Robert In Canada

Robert In Canada — Fri, 24 Apr 2009 22:48:42 +0000

Mr. Kessler said “The Canadian Athabasca oil sands is an environmental disaster in the making.”

Where does he get this from? Is he an expert is such matters? No he isn’t. He is just another newsletter writer trying to scam a buck where ever he can – such as making outrageous and false comments about the oil sands.

I can say with certainty that Canada’s oil sands are less dirty than any other oil sand operations in the world, less dirty than some of the major conventional oil production facilities, and less dirty (by a wide margin) than countries using coal to produce electricity such as the USA and China.

What do I know about all this? I helped design and build the first and second oil sands plants and continue to consult on their maintenance.

By: Dave

Dave — Fri, 24 Apr 2009 21:17:30 +0000

Mr. Fessler’s analysis of oil price prospects seems dead on to me. Real conservation will probably take three to five years to get going and be spurred by the next couple years of price increases. But I’d use margin and USL rather than a double-long oil fund for a play of more than a few weeks (or months at most). I’ve been in DXO and am in UCO now (a mistake), which is down 25% despite oil prices being up 25% from when I bought it. The leverage looks free, but its not and because its done with swaps, you’re at the mercy of the traders every day if you hold for any length of time. It may be innocent or intentional on the part of UCO, but you can’t see what they’re doing that’s affecting the price. – Dave

By: veera narayanan

veera narayanan — Fri, 24 Apr 2009 12:43:37 +0000

hi
good analyzing what i think u told this is
the first time i read ur article its really
and accurate once again thank u and exp ur
articles to read

By: john

john — Fri, 24 Apr 2009 09:28:37 +0000

I think it is a good idea should we see a change in the current rally or some type of supply disruption. I checked out what the third respondent had to say had some good point double longs and shorts are dangerous but buy low sell high seems to work, however I do understand the value of the underlying options and volitility prices come into play, so if oil goes to 100 and volitility sinks to 20 the price of DXO could remain stagnant. This is a gamble like any other. I have a lot still in cash this is also a risk.