EDGE TRADER

Wednesday, September 07, 2005

Crude Oil?

Crude oil dips yet again. Paradoxically, my energy holdings are all up, yet my tech holdings are down. Should I sell energy into this rally? Only concern is that my long energy positions act as a simple hedge against a high energy price spurred recession...

Conversely I could buy call options on OSX or something of that nature, but I will have to get out the slide rule before attempting that.

Looks like I'm going to leave the meat on the grill a little bit longer. Let's hope I don't start a fire.

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