Discussion in 'Stocks' started by GlobalFinancier, Aug 30, 2006.
Oil bear. Market bull. CAL chart bullish.
if anyone thinks oil is headed back down, which i do think many people do, than going long CAL right now is not bad choice, could easily go to 30+ if oil trades down for the next 2-3 months.
Time to sell.
Anyone with oil hedges could be getting the screws put to them....
Not very sure, but I believe Airlines hedge using Heating oil and Oil contracts....
Not sure where I heard that, but some clarity on this would be nice!!!!
For their sake I hope not.
As rediculous as this sounds my data shows the current strategy (tracking flags alerted last March 2006) of rotation is busted laggards.
Gm,VZ IP,DD,KO,BUD etc...
Shuffle@ every high and low--- rotation to reduce beta exposure without raising too much cash.
The usual strategy of rotating into low beta oils won't work this time.
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