Doing some charting comparisons with the DOW FROM 2008 and on. A little warning with Oil. The ETF symbol OIL went from 84 down to 17 in 2009. As you know that was during the stock market financial meltdown. It rebounded to $ 30.00 in 2010 and is now at $ 6.46. Just one of many ETF`s following the energy sector. Longer term that does not spell well for another crash. ETF symbol DBO went from 53 down to 9 from 2008 to 2009 and rebounded to 34 in 2011 and is presently at $ 9.28. A terrible investment for the last crash. Considering where we are at today with the timeline of a 7 yr bull market and $ 21 Trillion debt oil may not be the big investment one would want.
Gold and Silver however did magnificent. ETF symbol AGQ siver ETF went from $ 45.48 to $ 700.00 from 2009 to 2011. Someone made a ton of money if they sold in 2011. Just showing the difference between oil and precious metals. Keep that in mind as this market moves along. There is one thing though about the market, it changes, strategies change so it can vary and do unexpected things.
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