Is it time to short crude?
Friday, November 23rd, 2007There are very few people out there that can seem to justify the near $100 price tag on crude oil. The fundamentals based on supply and demand support levels much lower than $100, leading one to believe that the additional premium on black tea is built on speculation, which tends to be the most volatile trait of a commodity.
So one has to wonder, is it time to short crude?
The next question you might ask, is if so, how? The traditional way to trade oil is through a futures account, which tends to be an expensive endeavor just to set up …
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