I am not interested in shorting something acting strong just because i think it is too high. I much prefer to short something weak and getting weaker. But were i to short oil, and i'm not, i think i would try to find some puts deep in the money and far out.
As a matter of fact, i bought Norwegian Oil sometime back because i thought it was too low and i did not see any significant strengthening in the US dollar for quite some time. So far, knock on wood, that has proved to be the right move, but i don't plan to get greedy.
As a matter of fact, i bought Norwegian Oil sometime back because i thought it was too low and i did not see any significant strengthening in the US dollar for quite some time. So far, knock on wood, that has proved to be the right move, but i don't plan to get greedy.