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mangolfer » Comments » DUG

  • OPEC's Cuts Can't Fight Global Recession Headwinds [View article]
    It appears to me that the oil bottom has yet to be seen. I believe Jason Schwarts (SA author) was right about $30 oil coming. Maybe long term (and I mean LONG) oil will come back to the $70 range, but there is alot more interest in stopping a recession right now. Spending $100 to fill your tank does not help stop a recession.
    Oct 25 09:32 am |Rating: 0 0 |Link to Comment
  • Forget $100 a Barrel - Oil Will Plummet to $30 [View article]
    To sopocistudio:, Never been in oil before. I started shorting oil mid July though ETF's. I got lucky and stopped listening to media BS and looked at the obvious. I did not know of anybody not trying to use less fuel.... Also looked at bubbles in other industries that burst.
    Aug 18 08:32 am |Rating: 0 0 |Link to Comment
  • Forget $100 a Barrel - Oil Will Plummet to $30 [View article]
    Great article..... Yes, oil will go back up, but it won't be the bubble next time. All the suckers jumped in based on talking heads that were long or media BS. Anybody that is long oil, look at your own use, have you cut back with prices ridiculously high? Everybody I know has cut back and I keep hearing demand or demand rates are decreasing around the world . PS I'm short oil too.
    Aug 15 18:12 pm |Rating: 0 0 |Link to Comment
  • Forget $100 a Barrel - Oil Will Plummet to $30 [View article]
    PS inventory and supply down? Of course, who wants alot inventory when demand is shrinking with higher costs....
    Aug 15 08:03 am |Rating: 0 0 |Link to Comment
  • Forget $100 a Barrel - Oil Will Plummet to $30 [View article]
    Alot of "long oil" comments here. I vote short oil, (been making a ton of money since early July) support at $100, break thru that and who knows where the bottom is.....
    Aug 15 08:00 am |Rating: 0 0 |Link to Comment
  • Oil vs. the Market: Major Changes Expected This Month [View article]
    Good article. I agree with support probably coming around oil at $100.
    Aug 11 07:12 am |Rating: 0 0 |Link to Comment
  • Short Oil as a Long Investment [View article]
    I've been long DUG since Tues and doing very well....
    Jul 21 07:08 am |Rating: 0 0 |Link to Comment
  • ETF Pick of the Week: ProShares UltraShort Oil & Gas [View article]
    The oil price is definitly faltering. The attempt to support price with news is losing alot of credibiltiy. The demand of oil is dropping fast and will continue to drop globally. I just don't see the oil price going up anytime soon.... I bought in at $31.
    Jul 20 09:05 am |Rating: 0 0 |Link to Comment
  • Still Diggin’ DUG: Oil Sector Fundamentals Are Faltering [View article]
    Good article and a good trade....
    Jul 14 12:38 pm |Rating: 0 0 |Link to Comment
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