Did quite well shorting this year (finally!). But covered most now. It is not easy as I described before in my article.
Regarding shorting oil, I don’t think I would do it considering the risk. As a better strategy, I would consider going long on companies whose input costs depend strongly on oil. That way, if oil goes down one can make a good profit on the long side. And if it doesn’t, one can still collect some dividends or hope that the company passes on the higher costs well. I would be looking for example at Dow Chemical (DOW). They just increased their prices a lot, and I doubt they will lower them if oil comes down.
