As seen here, BccList.com previously offered a chance to make SOLID profits shorting crude oil futures around $125-$130 a barrel. Oil is now trading around or below $100 a barrel.
So, by now you should be out of your $125+ a barrel short trade. Take your profits. But, seeing that the fed was actually doing their job earlier this week and didn’t slash interest rates, don’t miss another chance to make money. Crude may rise slightly higher as it has over the past few days, but, this is an excellent time to short.
Target price: $80 or less a barrel.