Open Question

Oil goes up in price... so logically USO goes up as well... but DUG (the double
inverse) goes up as well?!?!

Can someone explain this to me? and it was on double average volume.

Thanks

Asked by BullMilk 3 days ago - 8 answers - 111 views
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Oh, that makes more sense... I thought it was like the inverse of the USO.

Thanks for replies!

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DUG is the O/G stocks and they were down today so the DUG would be up

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I wanted to say, scratch my head...getting tired, thinking about fishing and
getting my mom some Crappie pan fish.

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Just strange and makes me strike my head. Looks like it doesn't want to break
to 28. Look at the volume buy/sell. Intersting is what I say.

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DUG is short the oil service stocks.

The market was down almost 1% today, it isn't surprising some of the energy
names let out some air.

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Looking @ the daily volume maybe their trying to get ahead of a downside move
and take advantage of it. Maybe we'll have a short term sell off. I want one
to pick up my holdings cheaper. I don't think the downside could be sustain, if
this is what its forecasting. Like I said, this struck kind of odd and wish
some can explain in detail.

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? in my head to this posed. Please some one explain. Pi Guy anyone.

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I pointed this out the other day and no one seemed to care. I think this shows
just how eager or even desperate the shorts in oil are.

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