06/02/09

dmaul Smashes S&P in QTC10!

Glastonbury, Conn. (EqP)- With a spectacular return of 80%, dmaul nearly tripled the return of the S&P (29%) to capture first place in QTC10. Equitrader spoke with dmaul on his strategy: "My positions for QTC10 were mostly in oil and natural gas. I had noticed the downward trend that oil had followed during the recession months and accurately predicted that oil would regain strength for two reasons: the market was entering a recovery period and summer months create increased demand. The US economy rebounded magnificently which guaranteed explosive growth in the oil and gas industries. I do not expect that the next quarter will be as clear cut as the previous one was; that is, I expect much more volatility as increasing demand struggles against increasing financial uncertainty."