Is UUP the new UNG??

Discussion in 'Trading' started by drukes1234, Nov 13, 2009.

  1. The UUP isn't following the Greenback AT ALL today.. is this a short term phenomena and it will get back to tracking the underlying or is this the new UNG/USO where it doesn't track the underlying at all?

  2. Had a big up day about a week ago... likely something to do with it being an ETF.. looks like today it's correcting the misalignment..
  3. The wonderful world of dilution.

    100mm shares approved additional coming onto mkt. It rallied last week when the reg got rejected. Apparently they fixed the issue.

    I am involved. And feelin a wee bit of heat. :D
  4. trom


    UUP is back to trading exactly where it should be.

    That was free money.
  5. narballs


    getting my butt handed to me in GAZ.. im assuming its the same story with UNG?