tclwrap

Inverse Oil ETF Plunges 26%: What Gives?

Mose, I mention I set my stops earlier... well, I got booted this morning, was probably first to go. I am done with MACROSHARES now, never trade them again... they don't plan to be around long so they simply are bad investments.

Inverse Oil ETF Plunges 26%: What Gives?

thanks Mose! Great information.

Even if we hit 3 consecutive days of 111, chances are OIL would pull back from here till june. Still OK for me if I get (120-100)/3, better yet if OIL closes at 90!

If DCR moves to 10, I am selling and saying farewell.

I don't do options, never have. However, I could consider buying some UCR to hedge against DCR. Righjt now, I have set some stops.

thanks again!

Inverse Oil ETF Plunges 26%: What Gives?

Mose, my point is if such a clause exists or not? Never mind the 90 figure.

From what I understand now, reading more blogs, if DCR seizes to exist so would UCR. The clause of 111 oil for 3 consecutive days only applies to DCR.
Do shareholders of UCR know about this?

Inverse Oil ETF Plunges 26%: What Gives?

I think this 3 consecutive day story is hard to digest.

biz.yahoo.com/e/080228...

according to the above, UCR and DCR exist together as one entity.
If DCR seizes to exist, what happens to UCR then?

Is there any clause on UCR, if OIL stays below 90 for 3 consecutive days?

What an ETF this was! I hope no clauses exist in this thing.