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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: Jillad who wrote (16350)3/19/2009 12:15:46 PM
From: Charles Macdonald  Respond to of 50757
 
Thanks Jillad

I have a buddy who trades for an oil company. His main job is to hedge vs profit potential; however, he tells me the "players" (whoever that is) are shorting this move.

I tend to agree and think there will be a pullback before a bigger run-up this summer/later this year.

Word of caution on my buddies comment - As he says, he trades OPM - not his.



To: Jillad who wrote (16350)3/19/2009 1:07:54 PM
From: Crimson Ghost  Read Replies (1) | Respond to of 50757
 
Natural gas just starting to move.

Much better risk/reward ratio than oil right now IMHO.


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