A great place to find information on DUG is here
http://www.etfmarketpro.com/DUG-UltraShort-Oil-and-Gas.html Everything is in one place,
this is where I was able to find all of my information UltraShort Oil and Gas. Hope this
helps in finding comprehensive information.

Speculation says if war with Israel and Iran says Oil gonna hit $170..bypassing $150 mark.

I think it could be more since we have to get the mines Out of the water to keep Oil
Flowing.

Gee...3 days ago someone was saying someone was buying alot of Nov puts at 90.Looking Up
USO was there's no Nov Puts.So I went To Jan2009 I see Puts!!

Right Now I would be waiting on the sidelines and only trade the stocks since it had a
jump already and don't like holding long on the weekend....

unless the war started

EVeryone wished they were in Oil.

Last edited on: 07-11-2008 03:33 pm

UOY is where it is at. The drought is over...shorting is (at least temporarily) a
terrible option. I firmly believe (for the short term) oil will go higher. However, both
DOY and DUG are good long term plays IMHO but I would hold off for now. Just a food for
thought. With the oil that is in storage and amount currently produced...the associated
weighted price of oil is congruent to approximately $65/barrel. The current growth and
expansion is not sustainable and eventually the bubble will burst. Any investments in
these ETF's should be done at a min. People...this is as speculative as you can get and
DON'T ever forget this!!!

-Smallball

Just when you think that it's safe to get back into the water, er, oil, I hear talk about
legislation to limit oil speculators, like they are the REAL problem and NOT our
decades-long non-existent energy policy.

Nice trade.

Better to Feel Lucky

Now This iz Waz Imma tawki'n 'B out

A nice $5.00 Jump up in Oil.

Good enough for $1.78 gain for the day.

Thanks for the explanations for these oil/anti-oil ETF's. So I have to ask myself, "Do
you feel lucky? Well, do you...PUNK?" [Dirty Harry]

If you like to follow just One or two Stocks and watch the Sector if you have access.

Might as well go for it.And Pick just One

Kinda Funny when trading for $1.00 and knowing it's going to drop $4.00 and picking up .85
along the way

I said I would report on DUG. I bought 100 shares and sold a DUGGT call for 9.50. In 12
days I will either make $950 or break even. I like them odds. Bill

Is that theory or are you actually buying. You can make money on any of
these if you play them right. But with
the break-even hedge I have been right 8 times out of 8. The secret is that the guy who
buys calls is always wrong.
The guy who sells calls is always right.
It is like betting with the house at Las Vegas. Here it is like betting with the guys who
rig the market. Bill