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Adjustments will be made..demand destruction ALWAYS comes into play..and China and India are not the financial stalwarts most believe. When those two flash in the pans are hit with ever increasing costs they'll revert to much less aggressive, high profile postures...as for DUG...
Jul 21 11:46 am
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All Comments by Greg Pinelli »Short Oil as a Long Investment [View article]
It's important to do ones due diligence...DUG is a play on oil companies/oil related companies..NOT OIL.....It's very possible..in fact, we saw it last week...oil can go down and oil companies can rise. If an investor wants to play a fall in oil/gas then buy DTO. The kind of recession/depression that would be brought on by $200 oil and $20 Nat gas would be devastating for companies...everything would grind to a halt.