Wednesday, July 2, 2008

What's Up Warren

There really are no bear market geniuses. So many financials and housing related items in this "fund." Warren seems like a warm and fuzzy type but I can't take the constant rock star coverage in the media anymore. I really can't. I should have had such a run. Kudos.


upsidetrader said...

Hi Upside,

Good work today! I came across some interesting things today. UGN (ETF for Gasoline) and UHN (ETF for Heating Oil). I follow the oil market regularly and have seen the spread of gas and heating oil widen to this level a few times in the past couple of months. Right now on the close it sits at .522. Even though I see demand destruction finally kicking in on gasoline I do not believe this spread can hold up. What are your thoughts on shorting the UHN and long the UGN as a spread trade?

Love the commentary! Keep it up…



upsidetrader said...

oohh beyond me, great legwork, I fry my brain enough just trying to figure out if i should be long or short regular oil

About Me

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I am a former hedge fund manager, broker and capital markets dude who now trades for his own account. I love what I do. I will try to post some stocks and an occasional chart that looks attractive for entry.I will also try to point out the idiocy of conventional wisdom and the lack of value added by the mainstream financial media. These postings should not be viewed as recommendations.