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Re: OT - Long Shot Investment
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Posted by kyhayman on January 02, 2005 at 16:59:27 from (205.188.117.7):
In Reply to: Re: OT - Long Shot Investment posted by Griff in Ont. on January 02, 2005 at 13:32:47:
Thats true, though most tractors I have gotten for that price have become money pits. I have a partner that I normally invest with in things like futures contracts. He really really wanted me to buy crude oil futures at $36.00. I say no way, OPEC's target is $30.00, it will come down. Hah, 2 months later it was at $48.00. That would have made us $31,000 each on a $1600 futures option. That buys me 2 tractors of the range I want.
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