What are institutions doing (ya know, the big money)? They are betting the price of oil is going to go higher. We can see this through several indicators. They sell stocks when oil prices drop and reduce selling when oil prices rise. Why do you suppose they do this? I'll let you think for yourself. A good conclusion has to do with Energy being the leader in our economy.
Pull up a weekly on DIG, UNG, or any energy related ETF. Take DIG: Worst case scenerio we are going to form a right shoulder on DIG. By DIG now even though it might hit $70s again-- walk away from your computer and watch it break above $95 in a month. UNG is crazy! Buy it now and double your money through the winter!!!
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Energy is king.
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