- Jun 19, 2009
- 17,414
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- 335
Short oil traders thought they could retire on todays oil market crash, but not so fast, the short oil etf only traded up around 1.4% while oil tanked over 99%. -Wah wah wah! The etf's never tade as it should and always rip off both sides of the trade. Lucky for oil longs their losses were restrained by futures contracts and this disconnect between pricing of oil and the etf trading price.
