BullBear Trading: Stock and Financial Market Technical Analysis

I'm a total newbie to trading, but wonder if this news could present a shorting opportunity for oil producers? If so, which would be the best companies/ETFs to short?


http://business.peacefmonline.com/news/200909/27448.php

Please let me know if I'm not supposed to be posting here.

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Comment by BullBearGirl on September 27, 2009 at 5:50pm
Thanks Steven.
Comment by Steven Vincent on September 27, 2009 at 12:38pm
Yes using the blog is great. That's what it's for. You can also use the Discussion Forum as well. http://www.thebullbear.com/forum

Be careful of trying to trade on news. When news comes out many times the news is already priced in before it goes public. However given the overall environment for crude oil, commodities and also stocks that news could certainly make a short position in oil companies a part of an overall short position on crude oil. Thanks for bringing this to our attention.

BTW, we have a new feature that allows you to share news items that you have found easily. Just pull down NewsShare from the Communicate menu.

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