ETF Pick of the Week: ProShares UltraShort Oil & Gas [View article]
1. Oil demand is a worldwide one. So what if US demand drops 2.3% or whatever if world demand in the same time rises faster than that?
2. This type of pick is not investing, it's not even trading. It has a reasonable chance of success. But the same goes for it blowing up in your face. You might as well make your pick of the week "play black on the roulette wheel".
I would love to see these prognosticators forced to list every single winner and loser in a column before they're allowed to recommend anything. Because all I ever see them crow about is their winners. (Jim Cramer is the classic example of this)
ETF Pick of the Week: ProShares UltraShort Oil & Gas [View article]
2. This type of pick is not investing, it's not even trading. It has a reasonable chance of success. But the same goes for it blowing up in your face. You might as well make your pick of the week "play black on the roulette wheel".
I would love to see these prognosticators forced to list every single winner and loser in a column before they're allowed to recommend anything. Because all I ever see them crow about is their winners. (Jim Cramer is the classic example of this)