-osgo-

A Speculative Way to Play the Oil Bubble

Actually, all indicators show this ETF will go up quite nicely, especially as most think oil (at least this month) is headed down, you have the Saudi's Big Meeting on Monday to help lower the price and
market factors that are simply screaming for the price of crude to go down.

This is almost gambling...and very speculative...you could go BOHICA...but on the speculative side, if oil goes near $120, and u sell by the 25th...someone could make a lot of duckets.

I'm in...


On Jun 17 09:48 AM Michael Filloon (legmaker) wrote:

> 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