The Big Boys, page-444

Well DLS back to my buy in price annoyingly. Surely WTI catches some support here at around the 2008 low and also with PBOC's Yuan devaluation seemingly over for at least the short term. I'm tempted to double down but just fear the oilers could be about to embark on capitulation phase, particularly if this level can't hold. Could be a good candidate for a stop circa 10% below here. I can see the upside on any decent short covering rally in oil circa 100% (for DLS), which gives 10/1 on the risk. I like this. Another option s to plonk it below the Sept low, but not sure I want to roll the dice that much (17-18%)