UltraShort Oil & Gas ProShares (AMEX:DUG)
Exchange traded fund
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Recs
Oil bound to fall after speculation investors end there reign and dollar gains ground again.
Recs
macd below signal line and below critical level 0 and moving average is trending lower
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oil will go to $50 before $100
Recs
Oil and Gas not going to get cheaper only more expensive.
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I feel the need to short the price of Oil when it approaches $100 a barrell
Recs
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.
Recs
Countries that make all of their money from oil do not want it to get to high because then alternative energy becomes more attractive. They want to keep that thought out of everyones minds as much as possible.
Recs
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.
Recs
- Technical rebound expected
- Slowing economy should put downward pressure on oil prices generally
Recs
1) Market Correction Started for several reasons
2) Hedging my Long Positions
3) Technical Indicators Bullish
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Hedge those huge oil prices....
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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!
Recs
USA will be 100% ethanol by 2008
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