Commodity ETF's

Discussion in 'ETFs' started by bronks, Mar 18, 2009.

  1. http://www.elitetrader.com/vb/showthread.php?s=&threadid=157818&perpage=6&pagenumber=4


    I happen to agree 100% with what btud is saying here. Whether I'm wrong or right is moot. What I wanna do is buy some commodity ETF's to implement this outlook... for the long haul. So far, all I've come up with is:

    DAG (2x)
    DYY (2x)
    UCD (2x)

    I've read all I can about leveraged ETF erosion over time, but it came across to me as only on the short side. Of course I could be completely mistaken... hence the post.
    This is for the LONG term.
    Comments appreciated.
     
  2. Rex84

    Rex84

    I would never advise anyone to get into a leverged ETF for the long term. If you want to get in long term go with DRYS or FCX.

    If you are looking for a short term, long commodities play, go with the ERX
     
  3. Thanks Rex.
    So going long a levered ETF will have the same type of erosion as going short, correct? Makes sense.

    I coulda swore I read something of the long side not being affected though... anyway, that's why I was asking.
     
  4. what would be some long commodity plays? something like SEED or POT? Any corn producers or sugar?
     
  5. jimbo320

    jimbo320

    Good luck all