Hurricane Trade

Let's talk about a trade I was too scared to make last week. As we all know Hurricane Irene blew through and it wasn't the apocalyptic event the media would have had us led us to believe it would be (As certain people suspected). In that post I described the plays if you believed the hype and said you should get short the insurers and long gasoline. I would have done the opposite, but decided to just stay out of it. Well, had I trusted my gut I would have made a pretty penny this morning. Did I point out my failure cause I'm a masochist? No. I did it so we can all learn more about the game. Next time around you can make the play you think is right. Hurricanes setup plays in the market. Find yourself on the right side.

This post is intended to teach people how to game the markets and is not meant to be insensitive. I want to send my thoughts out to anyone affected by Irene.