Quote from c.chugani:
Its the other way round today.
Oil down and DUG is also down by more than 1%.
What gives?
DUG does not track OIL, if you want to invest in something that moves in the total opposite of oil BUY DTO, I said this on July 3rd when it was trading around $22, today its $30+...oil is headed further down, however I would keep in mind that it could bounce back to $125+, next support in oil is around $109.00.