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Filed under: Major movement, International markets, Newsletters, Mutual funds, ETF Investing, Commodities, Oil, S and P 500, DJIA, Stocks to Buy, Recession, Best Stocks for 2009

For 26 years, at the start of each year, I've conducted an annual survey of newsletter advisors, asking for their favorite investment for the coming year. Until 2 or 3 years ago, their responses were almost always individual stocks and an occasional mutual fund.

Filed under: Newsletters, Mutual funds, ETF Investing, Commodities, Oil, Stocks to Buy, Best Stocks for 2009

This post is part of a special annual report -- Top Stock Picks '09 -- in which TheStockAdvisors.com asked 75 leading newsletter advisors to select their favorite investment for the new year.

As his top idea for 2009, fund expert Doug Fabian eyes Powershares DB Crude ETN (NYSE: DXO). In his Successful Investing newsletter, he looks at "an aggressive fund" that moves double the underlying index.

Lot's of volume at this price level. Statements from news articles pasted below... I believe we are getting close to a bottom

OPEC, which pumps about 40 percent of the world’s oil, agreed this month to cut daily output by 2.46 million barrels starting Jan. 1 to hold up prices and prevent a glut developing in the second quarter of next year.