You want another chance to short oil from the peak?

Discussion in 'Trading' started by scriabinop23, Oct 30, 2007.

  1. scriabinop23

    scriabinop23

    Short the AUD and CAD.


    Take a look at the speculative (hedge fund) open interests on the short USD trade. 8:1 Makes oil look like child's play. Everyone and their mother is short the USD tommorow.

    http://www.cftc.gov/dea/options/deacmelof.htm
     
    #1     Oct 30, 2007
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  2. pma

    pma

    Wow-great post! Huge little guy long interest vs. short commercial like ive never seen before. 8:1-freakin' yikes~
     
    #2     Oct 31, 2007
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  3. Sniemiec

    Sniemiec

    Very interesting.

    So what effect would the CAD and AUD going down have on Oil?
     
    #3     Oct 31, 2007
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