Boone Pickens on Oil

No surprise here, oil tycoon Boone Pickens is an oil bull. According to Mr. Pickens, we are not near a top, although there could be a short term correction. I’m looking to buy on a pullback to the mid 70 range.

MT Trade

Building a Better Watchlist


4 thoughts on “Boone Pickens on Oil

Add yours

  1. Isn’t Mr. Pickens in the Peak Oil camp? If so, I’d be bullish on oil too. I mean, according to Peak Oil theorists we’d be looking at $200 oil when it peaks in the next few years. I’d be mortgaging the house, the kids,and the dog to buy oil future options.


  2. You mentioned that you may have jumped on MT too early. I agree with that statement.I also think you rushed into BCSI, these trades seem contrary to your very effective pullback strategy.TC


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Blog at

Up ↑

%d bloggers like this: