Is This The Best Way To Play The Plunge In Oil Prices?

One of the things on which I pride myself when writing here, or elsewhere for that matter, is that I don’t run away and hide should I make a bad call. Dealing room life taught me to own my mistakes, an essential thing to do if you are going to cut, take a small loss and move on to the next opportunity.

So, I will freely admit that I have got crude wrong in my last couple of calls. I was bearish on the run up to $95 and bullish, looking for a bottom, on the way down. That, though, is behind me. I have taken a couple of small losses, and with…