Monday, January 5, 2009
Do you love oil?
As we know, the decision to be long oil or oil services stocks and short airlines stocks was an easy strategy to follow. As cruel oil soared, airline balance sheets got burnt. Their losses are mounted and their market capitalizations plummeted. However, the oil stocks doomed day came on July 2008. The entire situation reversed from the peak $200 drop to mid $30 level. Crude oil and other commodities were abandoned by speculators.
XAL (Airline Index) vs XOI (Oil Index)
Subscribe to:
Post Comments (Atom)
Disclaimer for you to read
The risk of loss in the trading of any securities products can be substantial. The strategies employed here are active trading strategies therefore you should carefully consider whether such trading is suitable for you in light of your personal investment objectives and financial resources. All data and information provided on this site is for informational purposes only. "yourmoneyandyourworld.blogspot.com" makes no representations as to accuracy, completeness, be current, suitability, or validity of any information on this site and will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use. All information is provided on an as-is basis. The comments and posts here are personal opinions. There are NOT a recommendation to buy or sell any securities or NOT a recommendation for any actions for you in your 401K/IRAs/any retirement accounts/your personal properties. Please consult your advisor, conduct your own research and suitability, and invest at your own risk.
The risk of loss in the trading of any securities products can be substantial. The strategies employed here are active trading strategies therefore you should carefully consider whether such trading is suitable for you in light of your personal investment objectives and financial resources. All data and information provided on this site is for informational purposes only. "yourmoneyandyourworld.blogspot.com" makes no representations as to accuracy, completeness, be current, suitability, or validity of any information on this site and will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use. All information is provided on an as-is basis. The comments and posts here are personal opinions. There are NOT a recommendation to buy or sell any securities or NOT a recommendation for any actions for you in your 401K/IRAs/any retirement accounts/your personal properties. Please consult your advisor, conduct your own research and suitability, and invest at your own risk.
No comments:
Post a Comment