Since the last 5 days the energy prices are hitting all time lows. You see, i was buying in the know, that the OPEC
( Organization of the Petroleum Exporting Countries ) would cut production of the amount of 2.2 million barrel a day. Actually, that was a pretty good fundamental indicator that oil prices would go up.
However, there are STRONGER fundamentals that slammed the production cut to a worthless
meeting of rich older oil magnats...

As of right now, price of one single contract i bough for 1.37 is worth .50 .
I will let you know how this investment is gonna turn out.

As long as i get out of this with a blue eye, i am one happy camper. :-D
Remember, energy investments are not the thing to do, the economy data is far superior and too bad so no matter how low the dollar is, as long as economy doesn't recover substantialy, we will keep seeing low energy and especially crude oil prices.

Merry X-Mas to all of you and a healthy 2009

Sandro