Term crude call

Putting my money where my mouth is. See attached image.

Long the following:

CLZ1 145c @ .64
CLZ2 110c @ 5.15
CLZ2 130c @ 4.05

This is an inflation/collapse trade. I believe we will see $150+ crude in 2011. A majority of my trades are for CLZ2. Room to be wrong. If it doesn't happen in 2011, I think it will definitely happen in 2012.

Next update will probably be in a few months. If this doesn't happen, I'll definitely be back take my lumps and face public condemnation. If it starts to pan out, I'll update on my profit targets.

-Wes
 

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