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Strategy for Volatile Times: Accumulate

That's an extremely narrow point of view. They should be approached as any leveraged ETF- but instead of the constant leverage trap, you have the contango trap. Some have done quite well to do structured plays on USO over the last several months, and it has tracked spot price rather decently over multi-month periods.
Long run, go with producers (CHK). Short run- there's nothing wrong with UNG for swing plays.


On Jun 12 01:49 AM punk_ash wrote:

> Stay away from UNG,OIL,USO. They are all bad investments. They
> all have contango built into them. There is a loss of 2-5% per month
> in all of them. These are all new funds, and they will not last
> long as they are all going to 0 sooner or later, no matter how high
> oil and natural gas goes.