http://blog.canadianbusiness.com/follow-up-on-oil-trade/ Fri, 20 Nov 2009 07:52:10 -0500 http://wordpress.org/?v=2.8.4 hourly 1 http://blog.canadianbusiness.com/follow-up-on-oil-trade/comment-page-1/#comment-3216 Canadian Business Blog » Blog Archive » 2008 in review Fri, 26 Dec 2008 20:52:53 +0000 http://blog.canadianbusiness.com/?p=296#comment-3216 [...] Sept. 30: Sell the Horizons BetaPro NYMEX Oil Bear Plus ETF (see June 12 post above); sale netted a 50% gain but if it had been held a couple more months, the gain would have been close to 500%. Larry MacDonald [...] [...] Sept. 30: Sell the Horizons BetaPro NYMEX Oil Bear Plus ETF (see June 12 post above); sale netted a 50% gain but if it had been held a couple more months, the gain would have been close to 500%. Larry MacDonald [...]

]]> http://blog.canadianbusiness.com/follow-up-on-oil-trade/comment-page-1/#comment-906 Paul Tue, 09 Sep 2008 02:09:00 +0000 http://blog.canadianbusiness.com/?p=296#comment-906 it's neat that you had the conviction to hold on for the 47% gain; when it comes to shorting, despite my years in the stock market, i still get nervous; i had shorted timminco and grande cache coal about a month ago but lacked the conviction to stand by my reasoning; both are/were outstanding shorts; unfortunately i covered far too soon; :( it’s neat that you had the conviction to hold on for the 47% gain; when it comes to shorting, despite my years in the stock market, i still get nervous; i had shorted timminco and grande cache coal about a month ago but lacked the conviction to stand by my reasoning; both are/were outstanding shorts; unfortunately i covered far too soon;

]]> http://blog.canadianbusiness.com/follow-up-on-oil-trade/comment-page-1/#comment-882 Patrick Mon, 08 Sep 2008 17:26:24 +0000 http://blog.canadianbusiness.com/?p=296#comment-882 Congrats on a nice move all around. I didn't have the combination of spare change and risk tolerance to short oil when you proposed it, but I think you were the last straw that convinced me to procrastinate on investing in a TSX index fund when it was at 15k. I don't like to time the market, but I also don't like to buy things at inflated prices, and now that it's down below 13k, it's apparent that your blog post saved me a few thousand dollars! :-) Congrats on a nice move all around. I didn’t have the combination of spare change and risk tolerance to short oil when you proposed it, but I think you were the last straw that convinced me to procrastinate on investing in a TSX index fund when it was at 15k. I don’t like to time the market, but I also don’t like to buy things at inflated prices, and now that it’s down below 13k, it’s apparent that your blog post saved me a few thousand dollars!

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