One of the advantages of being a newsletter writer is the alliances and relationships you build with other financial experts. The rumors of an Israeli bombing run over Tehran are heating up. Some believe that this could occur as early as the end of March. Here is one of several articles on the net.
Here is an article that was written by UPI International.
The concensus of most experts is the floor on the price of oil is in the low $50/bbl area.
Some pretty bright financial guys are speculating that the recent weakness in oil stocks actually masks what really going on. The speculation is this; traders are selling oil stocks while at the same time building positions in call options in anticipation of a spike up in oil prices should troubles breakout in the Middle East.
Since call options give an investor more leverage (and is more speculative), it seems that this strategy is being used to make the big bucks on a potential spike in oil prices. It will be interesting to see how this all plays out.
