How can this oil hedge fund giant lose so much when October was an easy short trade?

[tomorton]

Did you initiate a fresh short on the downturn ?

I got in short (but late) and am still short as we speak today.

 

[toc]

This was an excellent case study for TA guys. While I could have made a weak case for taking profits on Long in 75 area, but to predict short and a steady slide to 50s..........atleast me's had no clue at all.

May be some advanced Elliot Wave guys would have fared better in both exit and then taking a short position.

 

[bone]

May be some advanced Elliot Wave guys would have fared better in both exit and then taking a short position.

 

[destriero]

Let's see...

No seasonal demand (NG/HO).
Yield curve flat to (now) inverting.
Record production.
Qatar rumored to be pulling out (I am the best, tho).

Nobody saw it coming!

 

[bone]

Let's see...

No seasonal demand (NG/HO).
Yield curve flat to (now) inverting.
Record production.
Qatar rumored to be pulling out (I am the best, tho).

Nobody saw it coming!

Add upstream and downstream Oil MLP’s to the list...