RE:RE:RE:Investors not liking the Capital Budget?doggiestyle wrote: I'm not selling my Oil stocks (including TVE) but thinking of shorting crude (SCO) for a few days while this capitulates?
I am scared to go short over the weekend though as this spring is coiled pretty tight.
Man I can't stress enough , shorting WTI here would be very high risk , I would be very concerned with that trade swinging in the wind at $72/b . Next Friday is triple witching where the Jan contract expires , keep that in mind . You can take a beating in minutes trading derivatives , especially with low liquidity .