This trade panned out on both sides. LONG DEVON ENERGY (DVN) and SHORT CRUDE OIL (CL1!)
The drop in Crude Oil ought to make anyone holding longs in oil-related names very nervous.
I will look around for shorts in the oil sector.
Cheers.
11:03AM EST Wednesday, October 23, 2013
The drop in Crude Oil ought to make anyone holding longs in oil-related names very nervous.
I will look around for shorts in the oil sector.
Cheers.
11:03AM EST Wednesday, October 23, 2013
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Subscribe to my indicator package KEY HIDDEN LEVELS $10/mo or $100/year and join me in the trading room KEY HIDDEN LEVELS here at TradingView.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.