Proshares (Ever wonder what you are 2X Long/Short?)

Quote from $CostAverageMAN:

Someone just took a very large trade in the 2X double short oil ETF......FYI...

Spot Oil around....137.2X

$COSTAverageMAN
More...


Thanks for this new ETN news.


DTO looks to be a great ETN for short oil....
 
Volume is very extreme for DTO on its 1st day of trading, not surprised though since OIL seems toppy here.

This one is 100000X better than DUG or even DEE at the moment.
 
Quote from $CostAverageMAN:

Someone just took a very large trade in the 2X double short oil ETF......FYI...

Spot Oil around....137.2X

$COSTAverageMAN
More...

What are you using to see that ( a large trade )..is it a live feed you subscribe to or software? How can I follow trades in a ETF or in a stock or in an option?

Thanks
 
This thread should be stickied.

Imagine, a man in his 70's with obvious wisdom.

Maybe there's a good reason Japanese youth show great deference and respect for their elders.
 
Quote from $CostAverageMAN:

Someone just took a very large trade in the 2X double short oil ETF......FYI...

Spot Oil around....137.2X

$COSTAverageMAN
More...

Hit the bid or paid the offer?
 
Using Money Flow as the indicator, I would say they paid the offer.....Special flat price transaction so that they didn't eat the order book is what it looked like...At the time it was 1/2 the daily volume in this ETN....

To answer someones earlier question I have my own volume indicators/algorythyms that popped it to the top of my list for that screener...

Thanks for the encouragement to keep posting every once in a while...I'm sure all of us aren't all that different (in regards to what we think we see in the markets and wanting a place to share it with others to get their input/opinion)......

$COSTaverageMAN
 
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