So you wanna short oil?

Discussion in 'Trading' started by The Kin2, Sep 16, 2007.

  1. You might want to stop and evaluate if a short oil position is really worth your life. XOM is spewing bullets. You aint just getting a fucking when you bendoner, you're getting a bullet right up the rectum. $80 might seem like a high price but oil is priced in USD and USD is monopoly money.
     
  2. rdm239

    rdm239

    if it breaks $75, then buy some puts, $80 is not the end of the run. There are too many buyers and too many risks to call a top.