A Quick View On Energy
- Posted by UpsideTrader
- on November 16th, 2008
Yes I’ bearish on the global economy which would imply lower energy prices, but A) nothing goes strait down and B) commercial hedgers are more long than they have been in a year. The latter is a stat that served me well this year when playing the group. The commercial guys are considered the “smart money.” Thanks to my oil pit buddy Joe.
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Joe was on Wall St, for twenty five years and his career took him to the retail, institutional and capital markets... More »
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