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$23.03 -0.34 (-1.45%)
1/8/2009 12:08 PM

PROSHARES TR (DUG)

CAPS Rating:
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Exchange traded fund

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Avatar optionwinners (46.72) Submitted: 11/01/07 2:30 PM : Outperform Start Price: $31.08 DUG Score: 15.31

The oil market is getting to high due to traders. There is going to be a correction soon. The real pricing of oil should be in the 70's. I would be a buyer of this stock that is going to show us some downside protection. I think that this will be good until oil gets to the low 80's. Buy it now and add to the position as oil tests 100. Keep building because a correction is coming soon. The volatility is showing a strong chance for correction.

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