How can this oil hedge fund giant lose so much when October was an easy short trade?

Discussion in 'Commodity Futures' started by learner88, Nov 25, 2018.

  1. tomorton

    tomorton


    I got in short (but late) and am still short as we speak today.
     
    #51     Dec 2, 2018
  2. toc

    toc

    This was an excellent case study for TA guys. While I could have made a weak case for taking profits on Long in 75 area, but to predict short and a steady slide to 50s..........atleast me's had no clue at all.

    May be some advanced Elliot Wave guys would have fared better in both exit and then taking a short position.
     
    #52     Dec 2, 2018
  3. bone

    bone

    :banghead:o_O
     
    #53     Dec 2, 2018
  4. destriero

    destriero

    Let's see...

    No seasonal demand (NG/HO).
    Yield curve flat to (now) inverting.
    Record production.
    Qatar rumored to be pulling out (I am the best, tho).

    Nobody saw it coming!
     
    #54     Dec 5, 2018
  5. bone

    bone

    Add upstream and downstream Oil MLP’s to the list...
     
    #55     Dec 5, 2018