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timwest

PAIRS TRADE: Short XLE, Go Long Crude Oil

Short
SPDR Select Sector Fund - Energy Select Sector (AMEX:XLE)  
timwest Wizard  
AMEX:XLE   SPDR Select Sector Fund - Energy Select Sector
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Widest spread in 5 years in XLE versus Crude Oil (Cl1!-front month)-

Use this wide spread to leg into positions and set your sights on a big reversion in this wide spread.

Tim

9/2/2014 2:40PM EST
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