UltraShort Oil & Gas ProShares (DUG)
Exchange traded fund
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I don't short, but oil is trending down
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following Goodvibe
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Using leveraged investment techniques to achieve double the inverse of the Dow Jones U.S. Oil & Gas Index..... What a horrific idea!
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out of balance....
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Short term hedge
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oil has bottomed
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Crude will rise or level off in the next few quarters as the current lowered oil prices will drive out competition for alternatives. That, combined with instability in the middle east & next hurricane season in the Gulf will create less supply. Credit TDRH 2009 predictions for this pick.
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Hedge those huge oil prices....
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good performer
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Back the other way, now.
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oil is goign back up
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OPEC no cut. Inventories no shrink.
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Second verse same as the first.
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shorting all ultrashorts, bears, and other "leveraged" funds.
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DUG is always a good hedge for those who are heavily invested in hydrocarbons.
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Next short-term Target Oil 42.50
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After the Summer, Gas prices "will" drop
at the pump, buy DUG when the oil
prices start dropping, DUG is an inverse
of the OIL prices, Oil always goes up
in the summer and plummets in the Fall
remember this...... BUY "DUG" in September 08...
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Big oil is going DOWN~
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ProShares UltraShort Oil & Gas seeks daily investment results, before fees and expenses, that correspond to twice (200%) the inverse (opposite) of the daily performance of the Dow Jones U.S. Oil & Gas Index.
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Looking for an outperform on oil

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