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Tuesday, June 20, 2006

Hedging Oil Bets

From Yaser Anwar of Equity Investment Ideas

Since oil related stocks are volatile & depend upon the crude oil price, a good way to hedge your position would be to sell short the ETF OIH (Oil Holders Trust). OIH is one of most volatile, so it can provide you with excellent trading opportunities. Personally i like to day trade OIH because it has 3$+ price swings up or down depending on the crude prices.


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