Next 2 to 3 Weeks Bullish for Oil News: Harry

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Oct. 23 (Bloomberg) -- Alan Harry, portfolio Manager at the Spartan Commodity Fund, discusses his outlook and subsequent investing strategy for commodities in "On The Markets." He speaks on Bloomberg Television's "In The Loop." (Source: Bloomberg)

And how that is weighing on prices.

What i like is -- easier and better at the pump.

We only have a little downside.

95.80 is the low in crude oil that i see being put in, that is how i see it.

If we stay below $100, we stay bearish.

We can get up to 104. what could accelerate that over a time.

Note -- a time period?

The heat and oil season coming up will help that.

Within the next weeks, bullish news, no longer bearish news, that will get us over $100 and two $104. does that apply to natural gas?

Sort of.

It will rally short-term, only short-term because we have in oversupply coming in.

/ the heating season is not going to take enough of it off the market.

You are somewhat bullish on gold, a change from what i have been hearing.

Very short term.

It will put in a top this week or next week, if it gets below $1280, down it goes.

How do investors make money?

Buy-in d -- buying dips in crude oil.

If we get above 100, i buy again.

Natural gas, i am a buy right now.

If it breaks 351, i am out.

What about copper and gold?

Gold is a short-term buy, the next day or two, then i am waiting for the breakdown.

Move quickly on gold for that short-term pop.

Alan, thank you for joining us from the nymex.

We are on the markets once again in just 30 minutes.

"market makers" is up next.

This text has been automatically generated. It may not be 100% accurate.


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