How do I buy oil? (stock / futures / etc)

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04-06-2010, 01:51 AM

rmcelwee

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How do I buy oil? (stock / futures / etc)

I want to go long on oil but I am not exactly sure how to go about it. I'd love to buy some sort of 2x index. Anyone know how and can explain it in a way that would get through my thick skull?

04-06-2010, 07:54 AM

fmowry

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This article lists some of the funds/ETFs you can look into. I own none of these.

http://www.marketwatch.com/story/oil...uco-2010-01-06

After I took a loss on Nat Gas ETF (UNG), I got out of fuel stocks.

I'm more of a pink sheet/OTC gambler type.