$22.55 -0.39 (-1.70%)
2/13/2012 4:00 PM

UltraShort Oil & Gas ProShares (AMEX:DUG)

CAPS Rating: 1 out of 5

Exchange traded fund

Recs

1
Player Avatar chk999 (99.99) Submitted: 6/5/2009 9:18:01 AM : Underperform Start Price: $80.10 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 (91.34) Submitted: 7/3/2009 6:08:56 PM
Recs: 0

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


Advertisement