A Super Nova of Black Gold Profits
Tuesday, December 13, 2005 | Teeka TiwariRating:
Welcome back, fight fans. If you’ve been a regular reader of my weekly articles, then you’ll know that I’ve been pounding the table on the Oil Service sector, specifically the Oil Service Index, otherwise known as the OSX.
As such, I’m gonna keep this week’s article short and sweet.
Okay, here we go ...
There’s not much more time left to run this OSX trade.
I gave you a chance to buy it at 184, and then the market gave you a chance to get in at 174.
Now it’s at 190!!
The June 160 calls I spoke about at $3,200 have been offered as high as $3,800 per contract; that’s a shade under 20% in two weeks!!
And this is just the beginning, folks; she’s barely gotten started.
When the top blows off this index, no power on earth will stop it, and all of you who were gutsy enough and smart enough to buy these things will be sitting on mind numbing profits!!
Now, to me, a mind numbing profit is one that has the ability
to change the way I live my life.
It’s the kind of profit that can buy you that vacation home you’ve been drooling over, or that fully loaded RV that gets you weak in the knees.
For others, it might be a 48-foot sport fisher cruiser, or a new truck, or a trip around the world.
The point is, these types of trades don’t come around every day, and when they do, you have to seize them and ride every penny you can out of them.
Why am I so bullish on the Oil Service Sector?
Think about it, guys and gals.
The China genie is out of the bottle.
There’s a new demand-side paradigm at work for the first time in history.
1.3 billion new buyers are entering the market for the first time ever!
You don’t think that they want to drive nice cars and live a comfortable life like us in the West?
Of course they do.
What do you think one billion extra car purchases over the next decade or so are going to do to oil prices???
Exactly. They’re going to explode, and so will the demand for the services that the OSX Companies provide.
We can’t stop the nightmare reality of triple-digit oil, but we sure can profit from it.
Friends, we have an historic opportunity to make an astonishing amount of money.
Don’t blow it!
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Teeka Tiwari
Chief Investment Officer
ETF Master Trader
