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Thanks, I appreciate the perspective. I'll definitely look into that.

Let me clarify my question; It's been a decade since I traded futures, and I'm alot rusty on this. I'm thinking of buying CL calls with about 15K of totally disposable risk capital, around January or February of 2008. A) I'm not sure which expiration month would be best (leaning towards...

...and right or wrong, I'm convinced Bush intends to, probably before summer 2008. How would you trade it?