BUY OIL OIL OIL SERVICE NAMES!!

Oil is just starting to catch up to gold and other commodities in the last few weeks and it has a long way to go. There is a perfect storm of factors (weak dollar, tremendous uncertainty, a bullish equity market) that is conducive to a commodities boom right now and oil names will benefit. I think the best way to invest on this theme, is to buy oil service companies. Oil service companies are suppliers of equipment or services to oil fields and offshore platforms, such as drilling, exploration, and construction. Transocean, Diamond Offshore, Noble, Halliburton, Baker-Hughes, and Schlumberger are some examples. Instead of picking 1, you can use oil service ETF's which contain a basket of most of these companies. My favorites are: OIH, PXJ, and IEZ. You can use 2x leverage by using DIG and 3x leverage using the ERX, but be careful as you can lose money as quickly as you can make it. If you totally disagree with me, you can short sell with 2x leverage by using DUG. Oil is just gonna get higher from here ($77) over the next couple months.

On another note:

It is possible to manage your investments on your own!! The performance of the stock market in last decade taught us that buying and holding index funds for 30 years is not the best way to manage your money. Do you really want to look back when you're ready to retire and realize you have the same amount or less money than you put in 20 years ago, but if you did it right you could have 10x that or more?? You have to be flexible and aggressive when the markets call for it, and have the discipline to sell and get defensive when times are tough. This can be done...more on this topic later.