Well, there seems to be some agreement & deviation among opinions of my gauge
- some say buy oil here, others say no
- some have taken profits on shorts or added long hedges
In either case, it would have been good for me to sell my FAZ (22% profit) at the open and reenter them today. Ah, the joys of living in Hawaii... not Wall Street friendly at all.
In any case, long FAZ was never a bad idea.
Will find out if OPEC helps my DXO next week.
Otherwise, i am 'stuck' right here...
btw, its weird to see FXP hold its own with the market slightly up...
Friday, December 12, 2008
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