Boone Pickens Adopts Long Position on Oil

Quote from stock_trad3r:

boon butt picker has decided to join the wining side huh? He was all confident on CNBC month ago about how oil was overprised at 100. What a loser.
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Loser = someone who's been bullish stocks since October 2007...

Winner = Any billionaire, like TBP, who's track record is insanely good.....

Can you believe what a loser stockturd is?
 
I'm surprised he didn't foresee the mega spike coming on the backs of the weak dollar. I remember him shorting oil at $100 saying it will touch $88. It shot up to $110 instead because oil was being used as a hedge against the falling dollar. His fund is down 21% in the first 3 months of the new year. He took in a billion dollar paycheck in 07 and 2 billion in 06 so don't feel too bad for him.
 
Quote from jaytrader100:

When did he switch over? Look at a chart.. you think he waited this longto get long.. the market rallied because he and many other energy traders were exiting shorts (buying) and buying more...

ETC.....
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Great post
 
Quote from Intelinvestor:

Short at 100 and long at 115?!
Is this his way to make money?
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you should call him up and let him know how to trade. i'm sure he will find your advice very insightful.
 
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