You know something really interesting about the recent stock market crash? Despite previous crashes, the prices of commodities are suffering as well. Take oil, for example, which is down below $90 from a high of $148 earlier this year.



Gold is down from the $1000 highs too, but oils drop of 40% is almost unprecedented.



The last time oil dropped so quickly was back in Jan 2007, when crude oil dropped from a $75 high all the way into the mid $40s. It rebounded quickly, and I wouldn't really be surprised to see a floor for crude oil somewhere in the low $80s.



The best way to by crude oil, in my opinion, is with (DIG), which is leveraged 2-1. If oil goes up 5%, DIG will be up 10%. It works to the downside as well, but like I said earlier, crude oil must have solid bid support in the $80s.



The way I figure is... America may suffer during the next few years... but petroleum products are very inelastic.



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James Spiers

http://www.CollegeStock.com