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Rex Tillerson

Closing Oil Short Position -- For Now

Larry MacDonald submits:

One bright spot in the portfolio these days is an exchange-traded fund called the Horizons BetaPro NYMEX Oil Bear Plus, which double shorts the price of crude oil. Since purchase, as recorded in a June 12 blog post, it’s up 45%. That helps ameliorate some of the pain from those Nortel shares.


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Published Monday, September 08, 2008 5:11 AM
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