Natural Gas, Crude Oil, Etc...
4/28/2008 2:56:13 AM
pacel5
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If you want to short OIL there's an ETF (Symbol is DUG).
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4/28/2008 4:11:56 AM
global_ronin
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Something to bear in mind with DUG - it's actually not short oil, it's really short the DJ oil and gas index, which is companies, not commodities.
This means that there's some decoupling, i.e. DUG can fall while oil is falling, because the movement lower in crude kicks off a market rally that boosts all stocks, including the energy stocks.
You can get an idea of what's in it by looking at DIG, the corresponding long ETF, which has 25% in XOM, 9% in CVX, and 6% in COP.
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4/28/2008 8:48:34 PM
pacel5
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thanks for the clarification! Would be nice if there was a pure oil commodity ETF.
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4/29/2008 4:00:58 AM
global_ronin
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:65d4143c22 wrote:
thanks for the clarification! Would be nice if there was a pure oil commodity ETF.[/quote:65d4143c22]
Well, you could also try shorting USO, which is built with futures contracts and Treasuries. Another idea is UCR and DCR which are Up and Down Crude ETFs, except their underlying premise (crude would stay in a range under 110ish) failed, so they will closing those soon.
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4/29/2008 10:58:03 PM
pacel5
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another oil play is going long in airlines... they go opposite the price the oil.
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7/14/2008 8:17:05 AM
oldnbroke
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DXO is a double long ETN and DTO is a double short ETN in crude oil
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7/14/2008 10:12:12 PM
pacel5
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"oldnbroke" wrote:
DXO is a double long ETN and DTO is a double short ETN in crude oil
yes,,, new etns... dug is oil services short.
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9/23/2008 10:30:03 AM
Stauffenberg
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i dunno
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7/1/2009 2:30:48 PM
pennystocks
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"oldnbroke" wrote:
DXO is a double long ETN and DTO is a double short ETN in crude oil
hi, i also agree to that
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7/3/2009 2:33:30 AM
yungrader
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I would be cautious.... oil is a market that can lift off within a blink of an eye... it spiked to 147 this time last year so becareful this month atleast
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7/5/2009 10:10:03 PM
77
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DUG traders are very happy this weekend, chattering about an inverted h&s goal of 25
crude oil reopens poor here sunday nite at 65.10, could place your stop on DUG trades to flatten if crude oil regains 6/23 low of 66.37
8)
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7/9/2009 9:29:03 AM
yungrader
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these etfs loose value over time and eventally will look like faz/fas!!!
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