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Crude touches $59- imagine when the economy turns who knows how high it will go

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  • Tue, May 12, 2009 - 07:08pm

    #1

    George Karpouzis

    Status Silver Member (Offline)

    Joined: Feb 17 2009

    Posts: 114

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    Crude touches $59- imagine when the economy turns who knows how high it will go

DXO- 2X leverage

USO- mimics 1-1, but hasnt been tracking very well.

DTO- X2 SHORT crude. You can short the short etf but margin costs are a factor.

 

Either way, oil will be a huge investment in the coming year. I bought DXO at 1.80, still holding 🙂 $$$$$$$$

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