DUG down 4% clq08 down 2% ???

D

DonKee

DUG seems like a very poor vehicle to play the short side of crude.

Anything better that you can take a straight long position in (this is for an account that cannot trade futures, options, or short) ?

Thx
 
Quote from makloda:

Try "DEE".
More...

Thanks.

I believe DEE is a double short commodity fund rather than a short or double short crude play. I'm looking for the opposite of "oil", either single or double short.
 
Quote from makloda:

Try "DEE".
More...


Are you hyping my pick of the year...


:D


DUG DOES NOT SHORT OIL!!!!!!!!!!


IT shorts the oil stocks.....


Go with DEE, if you want to short oil short

USO or OIL


I would rather just buy DEE it shorts a bunch of different commodities, not just oil. Waiting for more of a pullback below $20 to get more.
 
Quote from DonKee:
I believe DEE is a double short commodity fund rather than a short or double short crude play. I'm looking for the opposite of "oil", either single or double short.
More...
I believe DEE is a double short of the Deutsche Bank DBC "Deutsche Bank Commodity Index" http://dbfunds.db.com/dbc/index.aspx

The index has a 55% allocation to energy thus a very high correlation to crude oil.

I think currently that's the best "Short oil ETF" that can be owned by a 401k.
 
Quote from makloda:


I think currently that's the best "Short oil ETF" that can be owned by a 401k.
More...

yep, looks like it. hard to believe someone doesn't have a single and double short "oil".
 
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