Small investors should wait for oil bull market

Beau Taylor, founder of Taylor Woods Capital Management is bearishon oil, he doesn’t think small investors should try to ride the market lower. Small investors are typically ill-equipped to trade the short side of the the futures market and would be better advised to wait out a bear market that likely has six to eighteen months to run, he said.Taylor, speaking at the Delivering Alpha conference sponsored by CNBC and Institutional Investor, said WTI countries crude could fall as low as $30 a barrel as long as OPEC countries show no intention of deviating from their effort to grab market share from other producers and from each other. Small investors would be better equipped to wait out the fall and then play oil from the long side, he said.

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From:: Stock Market News

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