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  • Oil & Gas Headed Lower as Economy Strikes Consumers [View article]
    Thanks for your comments, I also look forward to oil and gas coming down to a more reasonable level. God Bless.
    Oct 20 11:45 am |Rating: +1 0 |Link to Comment
  • A Speculative Way to Play the Oil Bubble [View article]
    At this point you are right Georealist, I think you can short DCR into the ground as this ETF will go to zero on the 24th.


    On Jun 02 06:05 PM Georealist wrote:

    > On the surface all of this seems reasonable..until you dig a little.
    > DCR would be inferior, in my opinion, to simply using DUG (ProShares
    > Ultra Short Oil & Gas)...IF you are positing a drop in oil (and it's
    > very likely if oil drops 20% nat gas will trail alongside) then why
    > the halfway attempt to take advantage. It's alomost inconceivable
    > that nat gas would continue to rise in a strongly corrective environment..since
    > it stands roughly in relationship to oil as silver does to gold.
    >
    > I suppose it would have been above and beyond to actually see your
    > reasoning behind a possible near term decline (which is very likely)
    > but that is hoping for a bit much.
    > By the by..there was no need to go into the lengthy nonsense about
    > UCR...giving some insight into what the market move translates into
    > and the REASON that has such a dramatic effect on refiners would
    > be enough.
    Jun 17 09:48 am |Rating: +1 0 |Link to Comment
  • A Speculative Way to Play the Oil Bubble [View article]
    RookieInvest: Right now this etf needs to be shorted. I had thought the bubble would burst, but now that it appears this etf will end with oil above $120 it will go to zero. Thanks for the question.


    On Jun 05 04:12 AM RookieInvest or wrote:

    > Legmaker, in simpler english. Is DCR a buy now, as oil has een rapidly
    > declining now? I am a little confused as to what happens if by June
    > 25th oil is not below $120 a barrel. Is any position I have in DCR
    > then worthless if oil is not below the $120 a barrel mark by June
    > 25th? If you can go into a little more detail in laymans I would
    > appreciate it. Thank you.
    Jun 17 09:47 am |Rating: +1 0 |Link to Comment
  • A Speculative Way to Play the Oil Bubble [View article]
    georealist, very good points, but dcr is a trade. Buy in the morning around 1.15 and sell at 1.25. Been working for me. Have a great day and God Bless.
    Jun 03 10:48 am |Rating: +1 0 |Link to Comment
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