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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Spekulatius who wrote (33014)12/11/2008 11:51:11 AM
From: Grommit  Respond to of 78958
 
thanks. maybe NXY is a better hedge.



To: Spekulatius who wrote (33014)12/11/2008 4:36:31 PM
From: Grommit  Read Replies (1) | Respond to of 78958
 
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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