ockham

Invest Now with a Keen Eye and Be Regarded a Genius for Decades

Todd,

I appreciate your article and have become a fan of your straight-forward writing. I like many of the other that have commented agree with your assessment of oil and its prospects in the near future. The geopolitical risks that you speak of, IMO, only become more intense as the price of oil drops...the "wackos" as you call them only become more wacko as their economies are running in the red.

Question: I have been closely watching DXO for a few weeks now, and I have noticed a troubling trend. The double long oil is NOT tracking the price of crude very accurately at all. There are even days were oil futures are down and the ETF is up. Thus far, the tracking errors have only been to DXO investors advantage, at least that I have notice.

Is this a cause for concern? Could you shed any light on what is going on here?