DLS has hedging in place, page-11

With oil down another 3% and futures down 60 plus , mid to low 60s may be on the cards next week
I will be waiting down at around 64 . It's going to be hard to pick a bottom so i figure it's best to buy knowing it may drop another 10-15 from your entry Amazingly 3 weeks ago I was thinking of buying in Hugh 90s , a week later I bought in low 80s, and sold soon after . Two weeks later we are in the high 60s