PROSHARES TR (DUG)

Roy88ale (< 20) Submitted: 10/23/07 6:00 PM : Start Price: $32.26 DUG Score: 11.74

Oil just set record high even above inflation adjusted high reached after 1978 oil crisis. (I know, I was there) Greed will begin to set in now IMO. Arabs have raised production, oil from the drilling boom will finally come in to fill demand, seasonally expect price drops into next year. Gas drilling activity is subsiding, note NG below $7/mcf. Oil to follow soon.

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