If You Think Oil Has Peaked, Buy Airline Stocks or FedEx - Kirk Lindstrom

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If You Think Oil Has Peaked, Buy Airline Stocks or FedEx
May 30, 2008 11:49 AM UTC

Kirk Lindstrom

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FDX		05/30/08	-18.32%	--

Via Long Investment Ideas from Seeking Alpha:

Oil prices fell Thursday on inventory news that should have been very bullish. Often tops and bottoms occur when stock price action diverges with the news, like we saw yesterday.

This article explains some methods that should profit from falling oil prices without the risk of shorting futures or even the need to open a futures account.

First, do you think Oil prices have peaked? Do you think gasoline prices peaked near Memorial Day, the traditional start of the summer driving season? Gasoline prices here in California often peak on Memorial Day.

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