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Oil ETFs and ETNs: More Complicated Than You Think

dto, hou,hod, except uso，are all double and tracking the crude oil. That's why i think hou should be at 7.63+60%, hod should be at 32-60%
because oil has risen up 30%.
The market should have its basic game rules,oil has risen but doule bull ETFs are falling sharply and double bear ETFs are rising strongly, who believe it reasonable without price manipulation? And investor do the market according what ?
To have a careul study, oil fall from 147$ to 42$,that's 3 times, but hou.to
from 48$ to 1.53$( which equals last close 7.63$ after 5:1 consolidation)that's over 30 times. 10 times for crude oil.
So complication can not explain the simplisity. Too much for the price control hurts every body. And IOP of the ETF　ｉｓ　ａ　ｐｌｏｔ．


On Jan 29 10:35 PM Gary Lucido wrote:

> There is no manipulation. My article explains why USO doesn't track
> spot prices and the link directly above explains the issues with
> double long and short funds.

Oil ETFs and ETNs: More Complicated Than You Think

If the ETF is so complicated, why you IPO something so tough to attract investors. You can invest yourself.Don't take away money from the account of investors directly.

Oil ETFs and ETNs: More Complicated Than You Think

Crude oil has risen from 32$ to 42$, that's 30% up altogether. But why USO still stay at the level of its lows ?I t should be around 40$.
Also DTO double bear should down 60% because of its double about 80$, but why it still stay at the high level of 180 ? If there is "severe contango " ,should exist in both of the two funds, but "severe contango " can't explain the true reason for the funds tracking the crude oil index. Only one thing is there----That's "severe manipulation "rather than " severe contango" .
The canadian EFT hou.to and hod.to are more radiculous. For crude oil has risen from 32$ to 42$, so hou.to should be at around 11$ or more
but when crude oil up 1.2% it up 1.1%, crude down 1.6,it down 4.1%,so hou.to has fallen down over 30 times from 48$, and right now it is just equal to1.525$(5:1consolidat... or 7.63$ now, but oil is just down 147/41.5=3 times.
So contango can explain nothing, Just price manipulation.
Here I believe the market should be fair, just, open to every investor,and it should have a comparatively reasonable game rules.Or the market is robbing money from investor directly. So I call for an investigation from New York stock Exchange to get rid of the clear price manipulation.
If you are interested my opinion, you can compare the 4 ETF: USO bull and DTO bear; HOU.TO bull and HOD bear which is more distinct example for price manipulation rather than so called " contango ".Let up to complain to New York stock Exchange.