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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: UncleBigs who wrote (57119)3/29/2006 5:15:13 PM
From: TobagoJack  Read Replies (1) | Respond to of 110194
 
<<If you bought the oil etf and sat on it long enough, you would own nothing after fees and transaction costs are deducted>>

... and that is when we go to heaven and not needing any more oil. Perfect hedge :0)



To: UncleBigs who wrote (57119)3/30/2006 2:28:55 AM
From: shades  Respond to of 110194
 
What did those 2 guys say in Tradin Places - wether you win or lose - we always make money. Mogambo Guru told me all these trading/hedging products will not be able to deliver the actual commodities in the blowup - so you need to hold the real stuff.

I saw mad max 2 - the road warrior - they had a REAL oil tanker - contracts to deliver wouldn't have helped that mohawk guy much.

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