http://www.manypeaks.com/2005/06/27/making-an-oil-play/ Trading thoughts & insights from an Absolute Return portfolio manager Sat, 22 Nov 2008 10:30:34 +0000 http://wordpress.org/?v=2.0.5 http://www.manypeaks.com/2005/06/27/making-an-oil-play/#comment-2 Thu, 30 Jun 2005 07:42:00 +0000 http://www.manypeaks.com/2005/06/27/making-an-oil-play/#comment-2 good deal! closed last of position at 23.20 on Tuesday 6/28 afternoon.. i assumed a quicker reversal to the upside, and when it lingered near lows literally all day on Tuesday i went ahead and scratched the trade. good thing, it was down a buck (~4%) today.. an avg 20 cent loss for me.. i'm done w/ this one for now, and moving on.. good deal! closed last of position at 23.20 on Tuesday 6/28 afternoon.. i assumed a quicker reversal to the upside, and when it lingered near lows literally all day on Tuesday i went ahead and scratched the trade. good thing, it was down a buck (~4%) today.. an avg 20 cent loss for me.. i’m done w/ this one for now, and moving on..

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