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Strategies & Market Trends : Value Investing
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To: Spekulatius who wrote (33014)12/11/2008 4:36:31 PM
From: Grommit  Read Replies (1) of 78919
 
USO a good hedge? I checked USO vs WTI for the past year, and just picking approx numbers from two graphs, for today, october 08, july 08 (at high prices) and february 08, USO prices have been close to 82% of WTI each time. So it seems fair to me.

for example, today is 38.58 / 47.26 = 81.6%
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