Cal

if anyone thinks oil is headed back down, which i do think many people do, than going long CAL right now is not bad choice, could easily go to 30+ if oil trades down for the next 2-3 months.
 
Anyone with oil hedges could be getting the screws put to them....

Not very sure, but I believe Airlines hedge using Heating oil and Oil contracts....

Not sure where I heard that, but some clarity on this would be nice!!!!

$COSTAverageMAN
 
Quote from $CostAverageMAN:

Anyone with oil hedges could be getting the screws put to them....

Not very sure, but I believe Airlines hedge using Heating oil and Oil contracts....

Not sure where I heard that, but some clarity on this would be nice!!!!

$COSTAverageMAN
More...

For their sake I hope not.

As rediculous as this sounds my data shows the current strategy (tracking flags alerted last March 2006) of rotation is busted laggards.

Gm,VZ IP,DD,KO,BUD etc...

Shuffle@ every high and low--- rotation to reduce beta exposure without raising too much cash.

The usual strategy of rotating into low beta oils won't work this time.
 
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