UltraShort DJ-AIG Crude Oil (AMEX:SCO)

Its my belief the US government is attempting to manipulate hard assets such as oil, this will fail and oil will go up massively when they are exposed.

Overall the price of oil can not go down due to limited supply and inflation. Thus a double short (which has inherent losses) must have an ongoing decreasing oil price to grow.

Note: contango affects in oil will somewhat counter the losses of a leveraged etf.

Following TMFBabo's lead and my own feeling that the markets will generally rise through the national election... no other analysis done.

Overleverage.

Energy prices are climbing.

I have a personal bias that puts crude between $78 and $92.
Analysts are extremely wide ranging, a few even expect $6x oil next year when Libya brings it's production back online.
My belief is that when one spigot opens another will close.
Opec has a hard need to get $80+ per barrel to support the infrastructure and entitlements oil spawned in the region.
The economic level doesn't support greater than $90 for any length of time.
Greater than $92 oil is a result of speculation.
I'll trade equities between $78 and $86 leaving some margin.
I won't bet against speclators, so I'm out at $86 and waiting, but I will short it here on CAPS.
Again, my personal bias that is worth the bits it's now stored on.....

tmif for a few month pic

The leverage in these along with rebalancing and management costs, plus the long-term upward trend in markets makes them poor performers over the long term. Easy red thumb points.

Oil prices can only go so high before the economic effects cause demand destructions... oil may very well crash and burn

Short oil? not yet. Short the shorts.

trash

chk999

Oil is over extended. Should come down to at least $75 a barrel. I will end this position when oil reaches $75.

The Word and Charts say oil is headed to $60 a barrel. The supply is huge so shorting it does make sense.

Ultra-shorts and Ultra-pros are all bad investments due to daily rebalancing

There is a clear oversupply of oil internationally, while speculators betting on inflation and against the dollar and the Saudis have pushed up the price temporarily. The oil glut is getting worse, and the Saudis are not willing to make any more production cuts. Eventually the speculators will start to realize their mistake, and the fundamental oversupply will result in lower oil prices.

Depends on short term outlook for oil

Based on my call that the rally is going to see a pull-back over the next few weeks I am giving all Bear ETFs a thumbs up and all Bull ETFs a thumbs down in the short run. I am only invested in a small sampling of these bear ETFs but in order to raise my CAPS score I entered several here.

bull