Right total losers, just take 2 minutes to see where each of those inverse etfs went, By the way I'm in DUG as of last week around $38, and guess what if it falls below $30 I will average down just as I did last time. Haha
Yes, but you were also DUG when oil was at it's all time highs. So holding from then is no different than stock_trad3r who continues to claim there will be a 4000 point rally. Eventually, some day, he'll be right and the Dow will hit 14,000 again. Some day.
I agree, and in the meantime I am VCA into USO looking for a 3 - 5 year horizon. Shorterm, its certainly down, but for how long?
Your first post mentioned a 3-5 year horizon. So, I assume you mean that you're going to establish your position over the next 3-12 months, correct? If that's so then the liquidity of all of them are sufficient. My question has more to due with the performance of each relative to crude. None of them have tracked to the price of crude as well as GLD has tracked the price of gold. That considered, DIG's 2x performance should help to offset some of that inefficiency and spreading your bet across DBO and OIL should reduce external risk of any one fund getting shut down as was the case with UCR earlier this year. IMHO, of course.