WHAT TO DO NOW WITH OIL STOCKS AND BONDS $HERO $CHK $FCG $HAL $WFT $TBF $TBT
This post was just published on ZYX Buy Change Alert.
In the wake of the sharp fall in oil prices, with regards to these positions, investors should carefully assess their time frame.
Very long-term investors may consider reducing these positions by 20% – 40% by scaling out on bounces.
Short-term to medium-term investors may consider reducing these positions by 35% – 60% by scaling out on bounces.
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December 1, 2014