03-02-2011, 03:32 PM
For me personally, I just want to find one or two stocks or ETFs that I can use as a hedge against oil really taking off (like $150). I'm still bullish on the general market, but if oil gets that high the market will tank for sure.
It's tough because if the market tanks, Big Oil may too (especially thanks to ETFs and index funds), but they should make a ton of money with oil that high.
I think the drillers and explorers will also do well, and maybe nat gas plays. Or you could play it short - airlines and retailers, along with Fedex (sorry!) and UPS would likely suffer badly. Not so sure about things like fertalizers (e.g. POT) - they have oil as an input cost, but can probably pass on the cost more easily.
I'm still not convinced that oil will go too much higher, though, especially if things start to calm down.
It's tough because if the market tanks, Big Oil may too (especially thanks to ETFs and index funds), but they should make a ton of money with oil that high.
I think the drillers and explorers will also do well, and maybe nat gas plays. Or you could play it short - airlines and retailers, along with Fedex (sorry!) and UPS would likely suffer badly. Not so sure about things like fertalizers (e.g. POT) - they have oil as an input cost, but can probably pass on the cost more easily.
I'm still not convinced that oil will go too much higher, though, especially if things start to calm down.
Ex SWG, L2, CoH, Wow, and War
Currently PvPing in the stock market
Currently PvPing in the stock market