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  • ETF Pick of the Week: ProShares UltraShort Oil & Gas [View article]
    I disagree with this selection. DUG/DIG follow oil "company" equities, not the price of oil. Therefore, they do not have an optimal correlation with the price of oil. A quick comparison of DBO or OIL charts with these ETFs will verify this point. A better way to play the price of oil up/down are the MacroShares ETFs UOY/DOY. Moreover, they behave in a 'leveraged' way: here's a link to Brad Zigler's description of the two ETFs:

    seekingalpha.com/artic...
    Jul 19 12:57 pm |Rating: 0 0
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