Today's top poster, Bullboard, and Blog
Top Bullboards post:
“Just watched an article on oil futures trading. Oil is being bought here and stored as forward looking prices for 2009 suggest $56; this is called "Contago" the Oil will be held in storage until an 11% R.O.I .can be locked in - Interesting. If Oil is being stashed and OPEC cuts as expected we will see good profits in HOU going forward. There is no doubt in my mind that OPEC will cut and Oil will certainly react positively to that cut, the extent of the reaction is the unknown.” – From Panda123on the Horizons BetaPro NYMEX Crude Oil Bull Plus ETF (TSX: T.HOU, Stock Forum) Bullboard.
Top Bullboard:
Oilexco (TSX: T.OIL, Stock Forum) finished the day as the most posted Bullboard.
Top blog:
AngelEyes3 provided a reflection on commodities over the last few months on the “My thoughts on gold in today’s market” blog.
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