$12.57 -0.33 (-2.56%)
12/4/2009 10:11 AM

UltraShort Oil & Gas ProShares (DUG)

CAPS Rating: 1 out of 5

Exchange traded fund

Recs

1
Member Avatar chk999 (99.99) Submitted: 6/5/2009 9:18:01 AM : Underperform Start Price: $16.02 DUG Score: +14.00

O&G are probably going up, and this is a short ETF, so it will go down over the long run. So in other than a major market correction, this is pretty much a safe pick.

Report this Post 1 Comment
Member Avatar SuperCharge (98.50) Submitted: 7/3/2009 6:08:56 PM
Recs: 0 Rec This

I totally agree that O&G's should go up in the long run but this strategy seems unpredictable based on what m/s says in "Warning: Leveraged and Inverse ETFs Kill Portfolios", especially when they talk abouty DIG & DUG's 2008 returns. This is probably a CAPS only strategy, but am I somehow missing the point?

http://news.morningstar.com/articlenet/article.aspx?id=271892

Report this Post

Featured Broker Partners