DUG down 4% clq08 down 2% ???

Discussion in 'Stocks' started by DonKee, Jun 9, 2008.

  1. DonKee


    DUG seems like a very poor vehicle to play the short side of crude.

    Anything better that you can take a straight long position in (this is for an account that cannot trade futures, options, or short) ?

  2. Try "DEE".
  3. DonKee



    I believe DEE is a double short commodity fund rather than a short or double short crude play. I'm looking for the opposite of "oil", either single or double short.
  4. S2007S


    Are you hyping my pick of the year...


    DUG DOES NOT SHORT OIL!!!!!!!!!!

    IT shorts the oil stocks.....

    Go with DEE, if you want to short oil short

    USO or OIL

    I would rather just buy DEE it shorts a bunch of different commodities, not just oil. Waiting for more of a pullback below $20 to get more.
  5. I believe DEE is a double short of the Deutsche Bank DBC "Deutsche Bank Commodity Index" http://dbfunds.db.com/dbc/index.aspx

    The index has a 55% allocation to energy thus a very high correlation to crude oil.

    I think currently that's the best "Short oil ETF" that can be owned by a 401k.
  6. DonKee


    yep, looks like it. hard to believe someone doesn't have a single and double short "oil".