REPUBLISHING - TARGET REACHED - long DVN versus short CRUDE OILThis trade panned out on both sides. LONG DEVON ENERGY (DVN) and SHORT CRUDE OIL (CL1!)
The drop in Crude Oil ought to make anyone holding longs in oil-related names very nervous.
I will look around for shorts in the oil sector.
Cheers.
11:03AM EST Wednesday, October 23, 2013