Originally posted by: cjvon
Originally posted by: freegeeks
my strategy for 2008 is very simple, buy a buttload of Long Turbo Brent Crude Oil Futures and don't look at it for 5 years
I'm pretty sure all futures contracts expire so you (or your broker) will have to roll over into the new contract.
I'm investing into Turbo's which is a financial product launched by Abn Amro. Turbo's don't expire as long as the stop/loss level is not reached. IMHO Oil Turbo's with a stop/loss in the 40$-60$ range are good value because I don't think oil will reach this price point again so you can buy them for the mid or long term
just my 0.2 eurocents