Why was DIG down with oil up?

S

seasideheights

USO +3.84% OIL
UNG +2.47% NAT GAS
DIG -2.98% ULTRA OIL & GAS PROSHARES
DUG +2.67% ULTRASHORT OIL & GAS PROSHARES


DIG is supposed to track oil & gas. Today it did the inverse.

DUG is supposed to do the inverse of oil & gas. Today it tracked it.


Does anyone know why?
 
DIG holds shares of companies, 25% of it is XOM, exxon was down today, along with the majority of other stocks it holds. DUG is the inverse of DIG.

http://finance.yahoo.com/q/hl?s=DIG


Oil companies will not match what oil is about to do in the next 5 to 10 years, there executives are already testifying to congress on a monthly basis (at least it seems like that), as if they have any control over prices. The exxon CEO will probably be in jail in 6 years with oil at $1000/barrel.

5yrs
 
Quote from 5yrtrader:

DIG holds shares of companies, 25% of it is XOM, exxon was down today, along with the majority of other stocks it holds. DUG is the inverse of DIG.

http://finance.yahoo.com/q/hl?s=DIG


Oil companies will not match what oil is about to do in the next 5 to 10 years, there executives are already testifying to congress on a monthly basis (at least it seems like that), as if they have any control over prices. The exxon CEO will probably be in jail in 6 years with oil at $1000/barrel.

5yrs
More...

Thanks very much.
 
proshares.com

just go to the company's website that created the etf and you will get all the info you need. or just click on holdings on yahoo finance for the stock.
 
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