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CT

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Alias Born 07/08/2002

CT

Re: DewDiligence post# 1400

Monday, 08/02/2010 10:53:48 AM

Monday, August 02, 2010 10:53:48 AM

Post# of 29487
Yes, I hesitated mentioning that ticker for that very reason. However, it has a few things going for it. One, of all of its peers (XOM, CVX, COP,etc), it's [daily price % chg] the most positively correlated to NG. Two, it's very highly correlated to the purer NG plays in the basket like CHK. Three, and most important, its trading liquidity, in context of this basket, is important to my employer. Therefore, if I'm going to keep up with one of the integrateds, for now it's going to be OXY. Blade, could certainly do without OXY.

As it is, this interest in NG is only a tiny part of my job and the rest is not concerned with individual equities at all.

Chris

OXY may not stay the most correlated to NG now that XOM has munched XTO.
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