LegattoAD
|
I agree with bgris. There's no such thing as a "sure thing", and if there is, its probably illegal. Ever see the movie Wall Street?
Anyway, if you think about it, oil along with gasoline, natural gas, etc. will, on a long enough time line go up.
When? Who knows?
Why? Simple: Supply and demand, and the supply is limited (regardless of what some people will tell you), while demand, it seems, is not.
Thus, oil will go up, maybe tomorrow, maybe next month, maybe ten years from now. But, eventually it will. But keep one thing in mind, if you blindly go out and start buying up light sweet crude contracts, you need to determine a point of which you leave the trade, BEFORE you enter the trade. |
Barkus109
 |
If you really want to try, look into econometrics and statistical analysis. Using the correct leading indicators, and with skill and judgement, it is possible to predict prices at a rate better than chance. However, there are no sure things in life. |
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