"Uncle_vito" <u...@y...com> wrote in message
news:pNydnRI_-fodMPLVnZ2dnUVZ_jydnZ2d@linkline.com..
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> OK. Seems obvious that the stock market is inversely proportional to the
> cost of oil. This can be seen in the last few weeks where all oil did was
> go up and all the stock averages went down.
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> Well it seems like oil is headed to $200/bbl.
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> So that means if I short the DJI or SPX I should make money, correct.
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> Seems like a sure thing unless the US Gov announces opening up the Str Oil
> Reserve or something like that which would cause a blip in the stock
> averages before they continue their downward spiral and oil its upward
> spiral.
>
> Comments?
>
> Vito

I would say that there's nothing wrong with owning a double-short ETF right
now, in a proportion in keeping with your pessimism.

JG


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